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 control of the base. This rule is confirmed in February 2011 by the Supreme Court. The state has now full right of disposal of the Christiania area. On June 2011, the State signs the agreement with Christiania that the Christiania area will be transferred to a new foundation, the Foundation Freetown Christiania. The most contentious part of this process has been to force the residents — naturally opposed to the whole idea of ownership — to buy the piece of land they’ve been occupying for more than 40 years. In July 2012, they made the first payment, and the Christianites