Global Trade Alert
Global Trade Alert

France: Scheme for refinancing financial institutions

Announcement

28 Oct 2008

In October 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

0 in force

Implementation date

01 Nov 2008

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 28 October 2008 the French authorities notified an aid scheme for refinancing financial institutions in France. Some EUR265 billion have been made available for the scheme. Any credit institution...

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