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09.10.2008 - Germany does not need to nationalise: minister

Germany does not need to nationalise any of its banks, according to Finance Minister Peer Steinbrueck.

The Czech Republic news are represented by www.karlovy-vary-czech-republic.com

Speaking to the German daily "Handelsblatt" on Thursday Steinbrueck added that this could change if the global financial crisis gets any worse. Over the weekend Berlin announced a 50-billion-euro rescue package for mortgage lender Hypo Real Estate Central banks simultaneously cut key rates ...
Correspondent confirms Russian tanks in Gori ...
As India Revvs up its Engines, Volkswagen Takes Notice ...
Berlin's Latest Museum Draws Surrealists-Loving Crowds ...
but the government has yet to follow other European countries such as Britain in nationalising any of its lenders.

(Deutsche Welle)


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