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Austria: Rescue aid (capital injection and asset guarantee) to BAWAG P.S.K

Description

In April 2009, the Commission learned through the media and the website of BAWAG that the bank intended to apply for State support. On 18 November 2009 the Austrian authorities notified the State aid ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Dec 2009

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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