Global Trade Alert
Global Trade Alert

Greece: Recapitalisation of National Bank of Greece

Announcement

21 May 2009

In May 2009, 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

22 Dec 2011

Revocation date:

No revocation date

Updated: 21 May 2009
Capital injection and equity stakes (including bailouts) In force

On 21 May 2009, the 'National Bank of Greece' (NBG) received a first EUR 350 million recapitalisation under the recapitalization scheme (see related measure).NBG is the largest banking group i...

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