Global Trade Alert
Global Trade Alert

Italy: Recapitalization measures in favor of the financial sector in Italy

Announcement

18 Dec 2008

In December 2008, the government of Italy 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

02 Jan 2009

Revocation date:

02 Jan 2011

Capital injection and equity stakes (including bailouts)

On 18 December 2008 Italy notified a scheme allowing the State to subscribe to special bonds issued by banks with a view to supporting the financing of the economy. The legal basis is article 12 of De...

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