Global Trade Alert
Global Trade Alert

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

Announcement

18 Nov 2009

In November 2009, the government of Austria announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Dec 2009

Revocation date:

No revocation date

Updated: 18 Nov 2009
Capital injection and equity stakes (including bailouts) In force

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 St...

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