Global Trade Alert
Global Trade Alert

Ireland: Rescue recapitalisation in favour of Irish Life & Permanent Group Holdings PLC

Announcement

06 Jul 2011

In July 2011, the government of Ireland 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

20 Jul 2011

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 6 July 2011, the Irish authorities notified a recapitalization measure of up to EUR 3.8 billion for IL&P.   IL&P Group is the parent company of Ireland's third-largest remaining bank, Perm...

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