Global Trade Alert
Global Trade Alert

Greece: Restructuring aid to Proton bank

Announcement

01 Oct 2010

In October 2010, the government of Greece 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

Implementation date

26 Jul 2012

Revocation date:

No revocation date

Updated: 01 Oct 2010
Capital injection and equity stakes (including bailouts) In force

On 1 October 2010, Greece provided the European Commission with a restructuring plan for Proton Bank. On 9 October 2011, the bank was resolved in order to 'protect systemic stability' (par. 11...

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