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Global Trade Alert

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Germany: Winding down of West-LB

Description

This notified measure is an amendment of existing state aid to the West LB, namely C43/2008, from May 12 2008, a restructuring plan that provides guarantees up to EUR 5 billion On 23 September 2009,...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Dec 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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