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Global Trade Alert

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Germany: State guarantees to bank Nord/LB

Description

On 22 December 2008, the European Commission approved the recue aid for 'Norddeutsche Landesbank' (Nord/LB). This initial measure had a duration of six months. On 10 July 2009, Germany notified the E...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Dec 2008

Revocation date

22 Dec 2009

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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