Global Trade Alert
Global Trade Alert

Italy: State aid to Monte dei Paschi di Siena

Announcement

07 Dec 2012

In December 2012, the government of Italy 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

17 Dec 2012

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 7 December 2012, the Italian Government notified the European Commission about the recapitalization of Monte dei Paschi di Siena S.p.A. (MPS). MPS is an Italian listed bank, which was privatized ...

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