Christiania Bank major financial crisis in Norway and by 1991 the bank had used up all capital. To save the bank, the Government of Norway took over the bank and gave it new capital, rescuing it from bankruptcy. In the early years of the 1990s, the bank also bought Sunnmørsbanken and Sørlandsbanken. In 1995, the government reduced its ownership to 51%, listing it on the Oslo Stock Exchange, and in 1999 to 35%. The same year, the Swedish MeritaNordbanken bid for the bank, and in 2000 the government sold its shares and the bank became part of Nordea. Christiania Bank was at
European Youth Capital European Youth Capital The European Youth Capital (abbreviated EYC) is the title awarded to a European city for the period of one year, during which it is given the chance to showcase, through a multi-faceted programme, its youth-related cultural, social, political and economic life and development. The European Youth Capital is an initiative by the European Youth Forum, and the first capital was chosen in 2009. Since 2014, the Congress of Local and Regional Authorities of the Council of Europe is an official endorsing partner the European Youth Capital title. The current, capital for the 2018 calendar year is Cascais.