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Recapitalisation of Hypo Steiermark gets Commission green light

  • Squire Sanders
  • -
  • Austria, European Union
  • -
  • August 17 2009

The European Commission has concluded, under EC Treaty State Aid rules, that a recapitalization of Hypo Steiermark, a regional Austrian bank, which was carried out by the public and the private owners pro rata to the pre-existing ownership structure does not constitute state aid

Commission opens in-depth investigation into aid package for German Landesbank BayernLB and its Austrian subsidiary Hypo Group Alpe Adria

  • Squire Sanders
  • -
  • Austria, European Union, Germany
  • -
  • May 19 2009

The European Commission has opened under EC Treaty State aid rules an in-depth investigation into State aid measures for German Landesbank BayernLB and its Austrian subsidiary Hypo Group Alpe Adria (HGAA