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 the area being sealed off to the public, in June 2011, the residents of Christiania agreed to collectively set up a fund to formally purchase the land at below market prices. The community made its first payment in July 2012, officially becoming legal landowners. On 14 May 2007, workers from the governmental Forest and Nature Agency, accompanied by police, entered Christiania to demolish leftovers of the small, abandoned building of "Cigarkassen" ('the cigar box'). They were met by angry and frightened Christianites, fearing that the police also intended to demolish other houses. The residents built roadblocks, but the police eventually