Global Trade Alert
Global Trade Alert

Germany (State of Hessen): Loan guarantee approved to support Condor

Announcement

24 Sep 2019

In September 2019, the German State of Hessen announced that it would provide a guarantee on the state loan approved by the German federal government to Condor Flugdienst GmbH. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

14 Oct 2019

Revocation date:

No revocation date

Loan guarantee In force

On 24 September 2019, the Ministry of Finance of the State of Hessen approved a guarantee assuming 50% of the risk on the state loan approved by the federal government on the same day. The loan will b...

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