Germany · Question · Schriftliche Frage
16/12549
Plans to rescue Hypo Real Estate, taking into account the federal government's financial limits
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1 January 2005
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Beantwortet
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26 July 2022
Summary
<span>Original text of the question(s):<br /> <br /> </span><span>To what extent does the federal government as a whole confirm the Chancellor's statement (ARD/Anne Will, March 22, 2009) that it "cannot understand a lot of things in connection with Hypo Real Estate [HRE]", but that it cannot set a "final point", for example "at 150 billion" in state aid for this bank ("No, we can't do that. We cannot say that we will let them break down at a certain point"; www.daserste.de) in the event that their default risks should increase to 235 billion euros or more, as the Federal Ministry of Finance confirmed a corresponding secret report by the auditors PWC (FAZ, March 26, 2009), and does the federal government agree with my opinion that because of the threat of new federal indebtedness now must find other ways to save at least that part of the money invested at Hypo Real Estate Holding AG that - such as certain Pfandbriefe, pension or other pension funds - is essential to the existence of many people?</span>
Machine translation from German. The official text remains authoritative.
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