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
Freetown Christiania of the then ruling coalition, who to the question in parliament whether the new buildings at Christiania were only economically motivated, answered: In order to present a reasonable use of area after an eventual "cleaning", the Danish government commissioned an architectural competition. 17 proposals were received, of which only eight have met the formal competition requirements. All of the proposals were rejected by the jury. The cost of the architectural competition was 850,000 Danish kroner. Christiania has countered the government's plans for normalization with its own community driven planning proposal, which after eight months of internal workshops and meetings gained