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Global Trade Alert

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UK: Modifications to the Financial Support Measures to the Banking Industry

Description

On 12 October 2008, the UK notified the European Commission of a package of measures designed to ensure the stability of the financial system. The package was approved on 13 October 2008. On 18 Decemb...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2009

Revocation date

02 Jul 2009

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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