Global Trade Alert
Global Trade Alert

Germany: Winding down of West-LB

Announcement

12 May 2008

In May 2008, 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

20 Dec 2011

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

This notified measure is an amendment of existing state aid to the West LB, namely C43/2008, from May 12 2008, a restructuring plan that provides guarantees up to EUR 5 billion On 23 September 2009,...

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