Topic: Hypo Real Estate Holding AG
The troubled German bank Hypo Real Estate said Monday it had paid back a small part of the aid it had received from the government and other German financial institutions. HRE, which is now completely state-owned, reimbursed seven billion euros (10 billion dollars) of an initial rescue package worth 50 billion euros provided in 2008 by a consortium that included ...
European Union regulators gave temporary approval Monday for the German government to give euro18 billion in loan guarantees to German lender Hypo Real Estate to help it cover urgent liquidity needs. The European Commission last month extended a probe into the German government takeover of the ...
A look at economic developments and activity in major stock markets around the world Friday: ___ LONDON — Financial information company Markit said mounting optimism helped its composite purchasing managers' index — a broad gauge of business activity — for the euro zone rise by a record three points ...
