Global Trade Alert
Global Trade Alert

France: Capital-injection scheme for banks

Announcement

08 Dec 2008

In December 2008, the government of France 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

08 Dec 2008

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On December 2008 the European Commission approved a capital injection scheme suggested by the French authorities. The decision approved capital injections of up to EUR 21 billion in favor of six bank...

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