The EU Commission authorizes the German ship-financing guarantee schemes

"The new German ship-financing guarantee schemes: Commission gives green light"*Introduction On 16 December 2003 the European Commission decided to approve a new German proposal of ship financing guarantees. The guarantees will be operated in Germany’s five coastal Länder (Niedersachsen, Bremen, Hamburg, Schleswig-Holstein and Mecklenburg-Vorpommern) and provide public fallback guarantees with respect to credits granted for the financing of ships built in German yards. The Commission approved the schemes for a period until 31 December 2006. Prior to that date, the Commission will review the functioning of the new system in light of the experience gained within the first three years. The novelty of the German schemes consists in the introduction of risk differentiation. While in the

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.


Version PDF


  • DG COMP (Brussels)
  • White & Case (Brussels)


Max Lienemeyer, Kai Struckmann, The EU Commission authorizes the German ship-financing guarantee schemes, 16 décembre 2003, e-Competitions December 2003, Art. N° 36884

Visites 589

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues