Global Trade Alert
Global Trade Alert

Spain: Recapitalisation of CajaSur

Announcement

22 May 2010

In May 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

1 in force

Implementation date

22 May 2010

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 22 May 2010 the Spanish authorities notified to the Commission their intention to provide a capital injection and liquidity support to CajaSur through the Fondo de RestructuraciĆ³n Ordenada Bancaria...

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