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 belief has still not diminished, even though many problems sprouted due to drug traffic and use (mostly of 'hard drugs', however, which are not tolerated in Christiania). These addicts enter and remain in Christiania and are considered just as integral to the Freetown ethics as the entrepreneurs. For this reason many Danes have seen Christiania as a successful social experiment. However, for years the legal status of the region has been in a limbo due to different Danish governments attempting to remove the Christianites. Such attempts at removal have all been unsuccessful so far. Christiania is considered to be the