Global Trade Alert
Global Trade Alert

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

Announcement

18 Mar 2009

In March 2009, the government of Germany announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

30 Apr 2009

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

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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