Global Trade Alert
Global Trade Alert

Lithuania: Rescue aid for Central Credit Unions

Announcement

12 Jan 2012

In January 2012, the government of Lithuania 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

19 Dec 2011

Revocation date:

No revocation date

Updated: 12 Jan 2012
Capital injection and equity stakes (including bailouts) In force

On 12 January 2012, Lithuania notified to the European Commission a rescue package for the Lithuanian Central Credit Union (LCCU). The measure was already implemented on 19 December 2011.

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