Global Trade Alert
Global Trade Alert

Belgium: the Belgian Aid to KBC Group NV

Announcement

27 Oct 2008

In October 2008, the government of Belgium 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

19 Dec 2008

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 27 October 2008 the Belgian authorities contacted the Commission regarding their intention to make a capital injection of EUR 3 500 000 000 through special securities issued by KBC Group NV and ful...

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