Global Trade Alert
Global Trade Alert

Spain: Recapitalisation of the Catalunya Caixa group (Catalunya Banc)

Announcement

26 Mar 2010

In March 2010, the government of Spain 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

1 in force

Implementation date

28 Jul 2010

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 26 March 2010, Spain informed the EC about the involvement of the Spanish government program FROB ('Fondo de Reestructuración Ordenada Bancaria') in the merger of three saving banks, namely: Caixa ...

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