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 Capital of Culture An international panel of cultural experts is in charge of assessing the proposals of cities for the title according to criteria specified by the European Union. For two of the capitals each year, eligibility is open to cities in EU member states only. From 2021 and every three years thereafter, a third capital will been chosen from cities in countries that are candidates or potential candidates for membership, or in countries that are part of the European Economic Area (EEA)– an example of the latter being Stavanger in Norway, which was a European Capital of Culture in 2008. A 2004