Global Trade Alert
Global Trade Alert

Germany: Loss-guarantees for bank HSH Nordbank

Announcement

22 May 2013

In May 2013, 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

21 Jun 2013

Revocation date:

No revocation date

Loan guarantee In force

On 22 May 2013, Germany notified the EC about its intention to increase the guarantee ceiling from EUR 7 billion to EUR 10 billion for HSH Nordbank. The beneficiary of the measure is the 5th largest...

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