Global Trade Alert
Global Trade Alert

Portugal: New recapilisation scheme for credit institutions

Announcement

12 Dec 2011

In December 2011, the government of Portugal 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

0 in force

Implementation date

30 May 2012

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 12 December 2011, Portugal notified to the European Commission a new recapitalisation scheme for credit institutions in Portugal. A previous scheme has been in place until 31 December 2011 (relate...

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