Global Trade Alert
Global Trade Alert

Italy: Modification to the recapitalization measures in favor of the financial sector

Announcement

23 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

20 Feb 2009

Revocation date:

21 Dec 2009

Capital injection and equity stakes (including bailouts)

On 23 December 2008 the European Commission authorized a recapitalization scheme introduced by Italywith a view to supporting the financing of the economy. The legal basis is article 12 of Decree-Law ...

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