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HRE

   Also found in: Acronyms, Wikipedia 0.01 sec.
HRE
abbr.
Holy Roman Empire
HRE
abbreviation for
(Historical Terms) Holy Roman Emperor or Empire
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HRE was nationalised in several steps this year as the government sought to rescue a bank deemed critical to Europe's biggest economy because it plays a major role in the issuance of "Pfandbriefe," bonds in which small investors, savings banks and insurance companies have placed large sums.
German Hypo Real Estate Bank posts heavy losses by AFP / AFP Global Edition
German officials want full control so as to "avoid HRE finding itself in a situation that would threaten not only German markets but international markets as well," a government statement said on March 20.
US investor Flowers to quit German bank board by AFP / AFP American Edition
Unknown consequences The $48bn HRE plan would have entailed the German government injecting $37bn, with a consortium of banks providing a "liquidity line".
Germany safeguards private savings by Aljazeera.net
 
 
 
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