Announcement
28 Jun 2012
In June 2012, the government of Portugal announced a change in private-sector financial support.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
29 Jun 2012
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 28 June 2012, Portugal notified to EU on their intention to recapitalize the Caiya Geral de Depositos (CGD). CGD is a banking group fully owned by the Portuguese state. The banks activities consist...
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