Announcement
05 Nov 2008
In November 2008, 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
Implementation date
20 May 2009
Revocation date:
18 Dec 2011
Updated: 05 Nov 2008
Capital injection and equity stakes (including bailouts)
On 5 November 2008 Portugal notified a scheme to strengthen the financial soundness of credit institutions, whose legal basis is the law n.° 63-A/2008 adopted on 24 November 2008.
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