Berlin backs toxic assets plan

Author (Person)
Series Title
Series Details 13.5.09
Publication Date 13/05/2009
Content Type

The German government on 13 May 2009 adopted a 'bad bank' scheme to rid the country’s institutions of their toxic assets in its latest attempt to tackle the crisis of confidence that is crippling the financial sector and weakening Europe’s largest economy.

Related Links
ESO: Background Information: Berlin rethink on 'bad bank' plan http://www.europeansources.info/record/berlin-rethink-on-bad-bank-plan/

Countries / Regions