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SA.34820 Rescue measures in favour of BFA/Bankia – Spain

Member State: Spain
Primary Objective: Remedy for a serious disturbance in the economy
Legal basis primary: Art. 107(3)(b) TFEU - Remedy serious disturbance
Legal basis secondary: Crisis - Financial sector - Banking Communication, 2008
Crisis - Financial sector - Recapitalisation Communication, 2009
Sector: K - Financial and insurance activities
Aid instrument: Guarantee
Other forms of equity intervention
Case Type: Individual Application
Duration: from 27.06.2012
 
 
Notification or Registration Date: 16.05.2012
DG Responsible: Competition DG

2012/N

Decision on 27.06.2012: Article 4(3) - decision not to raise objections
Press release: IP/12/699
Decision Text: Letter to the Member State - authentic language   en  pdf
Publication on 25.07.2012: Official Journal: JOCE C/220/2012


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