subprime
ECONOMY
HRE bank gets €12 bln more in guarantees
The German state will provide another €12 billion ($15 billion) in guarantees to struggling Hypo Real Estate bank, bringing the total to €42 billion, HRE announced late Tuesday evening.
The German state will provide another €12 billion ($15 billion) in guarantees to struggling Hypo Real Estate bank, bringing the total to €42 billion, HRE announced late Tuesday evening.