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 nature conservation area (the historic naval fortress of Copenhagen). These buildings had all been approved by the authorities before the new government passed the current law on Christiania. For the last 15 years the government has not allowed construction in Christiania. This is now being enforced on a zero-tolerance policy with the help of a massive police presence. In 2004, the Danish government passed a law abolishing the collective and treating its 900 members as individuals. Beginning in the summer of 2005, a series of protests were staged by Christiania members. During the same time, Danish police made frequent sweeps