Global Trade Alert
Global Trade Alert

Germany: Emergency guarantees for Hypo Real Estate

Announcement

23 Dec 2009

In December 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

23 Dec 2009

Revocation date:

No revocation date

Loan guarantee In force

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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