Global Trade Alert
Global Trade Alert

Germany: restructuring plan of Commerzbank and 2012 amendment

Announcement

17 Oct 2008

In October 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

15 May 2009

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In December 2008 the Special Financial Market Stabilisation Fund (Sonderfonds Finanzmarktstabilisierung - "SoFFin") provided Commerzbank AG ("Commerzbank"), under Articles 6 and 7 of the Act of 17 ...

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