Berlin rethink on ‘bad bank’ plan

Author (Person) ,
Series Title
Series Details 16.4.09
Publication Date 16/04/2009
Content Type

Article reports that the German government’s plan to take over illiquid securities from the country’s banks in a bid to hasten the sector’s recovery may not cover so-called toxic assets at the heart of the crisis.

Related Links
Deutsche Welle, 21.4.09: German officials meet to hammer out 'bad bank' plan http://www.dw-world.de/dw/article/0,,4194260,00.html
http://www.bundesregierung.de/Webs/Breg/EN/News/PressReleases/_node.html http://www.bundesregierung.de/Webs/Breg/EN/News/PressReleases/_node.html
ESO: Background information: Germany set to reveal 'bad bank' policy http://www.europeansources.info/record/germany-set-to-reveal-bad-bank-policy/

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