Global Trade Alert
Global Trade Alert

Spain: Recapitalisation of the CAM Group

Announcement

22 Jul 2011

In July 2011, 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

0 in force

Implementation date

24 Jul 2011

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 22 July 2011, the Spain notified to the Commission its intention to replace the governing bodies of CAM and Banco CAM and provide them with a capital injection and liquidity support through the Fon...

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