European Commission investigates state aid for Hypo RE

By A staff reporter 2009-05-08T00:00:00

Frankfurt-listed Hypo Real Estate has expressed confidence that the European Commission (EC) will rubber stamp the German government's multi-billion euro support for the ailing property lender. Hypo Real Estate was reacting to the news that the EC has initiated a formal investigation to ascertain whether the government's 'restructuring support' is ...

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