Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil.
Hypo Real Estate to receive euro20 billion loanCourtesy Newsvine - business Fri, 11/21/2008 - 11:43
Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil. Related itemsBush Backs Faster Access to Loan Guarantees for Auto...
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