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Global Trade Alert

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Italy: Recapitalization measures in favor of the financial sector in Italy

Description

On 18 December 2008 Italy notified a scheme allowing the State to subscribe to special bonds issued by banks with a view to supporting the financing of the economy. The legal basis is article 12 of De...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Jan 2009

Revocation date

02 Jan 2011

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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