Subscribe to RSS feedBerlin agrees to bail-out Hapag-Lloyd
THE GERMAN Government has approved aid for struggling container line Hapag-Lloyd. The steering group in charge of distributing money from the national bail-out fund voted in favour of Hapag-Lloyd’s application for government guarantees last Friday.
But the government still has to provide information regarding Hapag-Lloyd to the parliament’s budget committee. Earlier last week, the budget committee surprisingly took the topic off its agenda due to concerns over the Hapag-Lloyd rescue package. Although the budget committee...
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