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You are here: Home Archive 2009 October 01 Final hurdle still not cleared for Hapag-Lloyd

Final hurdle still not cleared for Hapag-Lloyd

by Patrick Hagen - Lloyd's List last modified Oct 01, 2009 12:18 PM

The German Parliament’s budget committee has surprisingly delayed a decision on whether to provide state aid to the ailing Hapag-Lloyd.

  

Approval by the committee had been considered a formality after the steering committee in charge of distributing money from the national bail-out fund announced a positive vote on Monday.

The budget committee cannot stop the guarantees but the aid cannot be...

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