Announcement
24 Feb 2014
In February 2014, the government of Cyprus announced a change in private-sector financial support.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Feb 2014
Revocation date:
24 Dec 2017
Updated: 24 Feb 2014
Capital injection and equity stakes (including bailouts)
On 24 February 2014, the European Commission announced that it had approved a restructuring and recapitalisation scheme for Cypriot cooperative banks. The banks will receive a recapitalisatio...
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