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Global Trade Alert

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Germany: Rescue aid (recapitalization and risk shield) to HSH Nordbank AG

Description

On 18 March 2009 Germany informed the Commission of its plan to implement a rescue measure for HSH Nordbank AG. HSH, established on 2 June 2003 as the result of the merger between Hamburgische Lande...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Apr 2009

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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