IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Jun 2017 | Removal date: open ended
Still in force

Capital injection and equity stakes (including bailouts)

On 25 June 2017, a cash injection consisting of a total value of EUR 4.785 billion (USD 5.36 billion) was approved by the Italian authorities. The cash injection is granted for the liquidation of Banca Popolare di Vicenza and Veneto Banca and, in this context, the sale of some parts to Italian Intesa Sanpaolo. On the same day, the European Commission approved the cash injection.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

711 Financial, insurance & pension services, excl. investment banking
715 Services auxiliary to financial services
717 Services of holding financial assets

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