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Global Trade Alert

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Spain: Recapitalization measures in favor of the banking sector

Description

On 19 January 2010, Spain notified a recapitalization scheme in order to carry out the restructuring of the Spanish banking system. The legal basis for the Scheme is the Royal Decree-Law 9/2009 of 2...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Jan 2010

Revocation date

28 Dec 2010

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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