The General Court confirms that the guarantee granted by Austria to BayernLB in the context of its restructuring concerning BayernLB’s credit lines in favour of Hypo Group Alpe Adria constitutes State aid which is nevertheless compatible with EU law

Author/Creator

General Court of the European Union

Publisher

General Court of the European Union

Media Date

1-28-2016

Media Type

Document

Content Type

Press release containing information on Austria's guarantee of BayernLB's liquidity lines to HAA per the terms of HAA's nationalization in Decemver 2009.

Country/Region

Germany; Austria

Language

English

Crisis

Global Financial Crisis (2007-2009)

Case Series

Ad hoc Capital Injection

Intervention

Ad hoc Capital Injection

Recommended Citation

General Court of the European Union, "The General Court confirms that the guarantee granted by Austria to BayernLB in the context of its restructuring concerning BayernLB’s credit lines in favour of Hypo Group Alpe Adria constitutes State aid which is nevertheless compatible with EU law" (2016). Documents. 2465.
https://elischolar.library.yale.edu/ypfs-documents2/2465