hive

HRE has hived off a considerable part of its assets by transferring a notional amount of about EUR 210 billion of assets as well as about EUR 280 billion of derivatives to the winding-up institution FMS-WM, thereby effectively cutting its balance sheet in half.
Pour ce motif, la Commission estime que l’aide a été mise en œuvre en violation de l’article 88, paragraphe 3, du traité.
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