German government agrees on revised €50 billion bailout of lender Hypo Real Estate; Dublin unit Depfa triggered liquidity crisis
Oct 6th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The German government together with the country's banks and insurers agreed Sunday on a €50 billion revised rescue plan for commercial property lender Hypo Real Estate Holding after last week's bailout almost collapsed. The Dublin unit Depfa Bank triggered a liquidity crisis.