DW-WORLD: Financial Meltdown Worsens as Recession Hits Euro Zone As US bank Washington Mutual goes belly-up, Ireland has become the first euro zone country to officially slide into recession. Laissez-faire is done with, said French and current EU President Nicolas Sarkozy.
(26.09.2008) DW-WORLD: Debt-Averse Germans Unlikely to Attract Sub-Prime Trouble Sub-prime mortgages are virtually Pressure mounts on Thailand's PM ...
US Army to Close 15 Small Military Facilities in Germany ...
Gold in triathlon for Germany's Frodeno ...
Abkhazia's rebels reject German peace plan ... unknown in Germany since home ownership rates are relatively low. Germans tend to be debt-averse and are required to put down more equity in financing a home purchase. (25.09.2008) DW-WORLD: Europe Shuns US-style Rescue as Bailout Debate Rages The EU says its financial system is robust and there is no need to come up with a US-style bailout as Federal Reserve Chairman Bernanke offered his bleakest outlook since a credit crisis set in last year. (24.09.2008)
(Deutsche Welle)
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