Titlebook: Unlimited Liability of State-owned Banks under the EC-Rules of State Aids; Ulrich Immenga,Joachim Rudo Book 1998 Springer-Verlag Berlin He

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Statement of the issue,e universalization of banking services, the increasing spread of comprehensive financing plans — also through insurance companies — as well as the trend for large industrial companies to go directly to the international financial markets.

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抒情短诗

Institutional burden and guarantor liability as organizational concept of commercially active publiir significant share of the German banking market. In 1993, public banks had a market share of 51.8% in terms of volume, with 46.2% of the loans to domestic non-banks, and 52.7% of the loans to public budgets.

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Book 1998 law. In this context the book discusses state aids to public companies and the private investor test of the EC Court of Justice. The authors question the EC Commission`s concept to quantify refinancing advantages which are supposed to be achieved by virtue of public liability.

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Statement of the issue,uments of creditor protection at public banks, specifically savings banks and ., are to be understood as subsidies within the meaning of Article 92,1 of the EU Treaty. (hereinafter also referred to as the “EC Treaty”). Guarantor liability with respect to . and savings banks is also being raised as a

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背景

Book 1998l discussions following the Maastricht-II-Treaty tend to assume that liabilities have to be qualified as state aids. However, as the liabilities in question derive from public ownership, they have to be distinguished from securities for corporate debts which might be qualified as state aids under EC

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