Global Trade Alert
Global Trade Alert

Belgium: Restructuring plan and prolonged state aid for Ethias

Announcement

20 Oct 2008

In October 2008, the government of Belgium 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

03 May 2010

Revocation date:

30 Dec 2016

Capital injection and equity stakes (including bailouts)

On 20 October 2008 the Belgian authorities publicly announced measures to recapitalize the Ethias group. The Ethias group is active in the insurance market and, to a lesser extent, in the market for...

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