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Heiligenstadt / Erfurt (dpa / th) - After the state of Thuringia, the Eichsfeldkreis is now worried about an investment in the millions at the troubled Greensill Bank.

District Administrator Werner Henning (CDU) informed on Wednesday that the district had only completed a short-term investment of two million euros for three months at Greensill Bank in February.

The repayment should take place on May 10, 2021.

However, the banking supervisory authority has imposed a moratorium on Bremer Bank and thus frozen all ongoing banking transactions.

The reason is the problems of the parent company Greensill Capital, which became known at the beginning of March.

Hennig pointed out that municipalities are not considered private customers, but institutional investors and are therefore excluded from compensation.

If Greensill Bank is found to be insolvent, the Eichsfeld district threatens to lose its financial investments.

The circle would then consider taking legal action.

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According to the Ministry of Finance, the state of Thuringia is an endangered investment totaling 50 million euros.

Specifically, there are two time deposits of 25 million euros each, which were concluded with a fixed term.

The ministry also wants to examine legal steps.

© dpa-infocom, dpa: 210310-99-768659 / 2