And on the Seventh Day he rescued a bank

eurointelligence.com | Oct. 6, 2008 (News Analysis)

Germany decided follow last week’s move by the Irish government and to issue a complete guarantee on all deposits. Germany is the first large EU country to do so. Spiegel online speculates that Germany’s decision could trigger a common EU guarantee for deposits to escape the beggar-thy neighbour policy. Full Story »

Posted by Peter Barnett

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Subjects: World
Topics: European Union
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Posted by: Posted by Peter Barnett - Oct 6, 2008 - 12:35 AM PDT
Reviewed by: Peter Barnett (review)
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Edited by: Peter Barnett - Oct 6, 2008 - 12:35 AM PDT

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Peter Barnett
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 by Peter Barnett - Oct. 6, 2008

“With this mutually agreed solution, the institution will be stabilised and with it, Germany strengthened as a place to conduct finance in difficult times,” More »

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