Global Trade Alert
Global Trade Alert

Spain: Recapitalization measures in favor of the banking sector

Announcement

19 Jan 2010

In January 2010, the government of Spain 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

28 Jan 2010

Revocation date:

28 Dec 2010

Updated: 19 Jan 2010
Capital injection and equity stakes (including bailouts)

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 Decr...

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