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Latvia: Financial support measures to JSC Parex Banka

Description

The Latvian authorities notified public support measures to the Commission on 10 November 2008. JSC Parex Banka (hereinafter "Parex") is a financial institution based in Riga, Latvia. It is a univer...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Nov 2008

Revocation date

20 Dec 2014

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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