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 against the Danish government. At the time there was a lack of affordable housing in Copenhagen. On 26 September 1971, Christiania was declared open by Jacob Ludvigsen, a well-known provo and journalist who published a magazine called "Hovedbladet" ('The main paper'), which was intended for and successfully distributed to mostly young people. In the paper, Ludvigsen wrote an article in which he and five others explored what he termed 'The Forbidden City of the Military'. The article widely announced the proclamation of the free town, and among other things he wrote the following under the headline "Civilians conquered the 'forbidden