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Global Trade Alert

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Spain: Additional recapitalisation of the BFA Group

Description

On 4 September 2012, Spain notified to the European Commission additional capital injections of EUR 4.5 billion in favor of BFA and its subsidiary Bankia. The capital injection was necessary to meet t...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Sep 2012

Revocation date

No revocation date

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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