Germany moves forward with sale and leaseback plans
Germany's adoption of a UK-style sale and leaseback (S&L) fundingmodel has come one big step closer after a meeting between German filmproducers and Federal Chancellor Gerhard Schroeder yesterday morning. According to one of the producers attending, a working group will becreated to draft a concept for a sale and leaseback structure by April 2005. This could come into the statute books before the Bundestag's summerrecess.
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