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Germany: Emergency guarantees for Hypo Real Estate

Description

The Commission found compatible with the internal market a SoFFin guarantee of EUR 8 billion which Germany granted on 23 December 2009 to Hypo Real Estate (HRE), as well as a SoFFin guarantee of EUR 1...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Dec 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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