# Rescue aid (public rescue aid)

- Canonical URL: https://www.gerhardmerk.de/rescue-aid-public-rescue-aid
- Post ID: 594873
- Modified: 2023-07-25T21:12:37+00:00
- Language: en

## Definition

A loan from the public sector to maintain the liquidity of a company in the short term; usually limited to six months and with the purpose of being able to draw up a plan for restructuring during this period. For companies in the EU, the rules from the "Community Guidelines on State Aid for Rescuing and Restructuring Firms in Difficulty (2004/C 244/02)" apply. They are intended to prevent a rescue aid from becoming a public restructuring grant or a permanent subsidy. - See counterparty risk, resolution mechanism, unified, bankruptcy, salary freeze, insolvency, insolvency costs, manifestation, reorganization, insolvency. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1