Germany set to extend fund for rescue

Article reports that the German government has agreed January 2009 to take stakes in any large industrial companies facing insolvency because of credit shortages. The fiscal stimulus package launched on the 13 January 2009 would include a €100bn 'Germany fund' that would issue credit guarantees to help cash-starved businesses raise debt.

Deutsche Welle, 11.1.09: Experts: German Stimulus Package Will Breach EU Deficit Rules http://www.dw-world.de/dw/article/0,,3937102,00.html

Deutsche Welle, 10.1.09: Germany's Christian Democrats Agree on Stimulus Package http://www.dw-world.de/dw/article/0,,3935381,00.html

ESO: Background information: Germany prepares new stimulus boost http://www.europeansources.info/record/germany-prepares-new-stimulus-boost/

BBC News, 13.1.09: Germany agrees 50bn euro stimulus http://news.bbc.co.uk/1/hi/business/7825513.stm

Deutsche Welle, 13.1.09: German Ruling Coalition Agrees on Stimulus Package http://www.dw-world.de/dw/article/0,,3940259,00.html

Deutsche Welle, 12.1.09: German Leaders Hammer Out Details of Stimulus Package http://www.dw-world.de/dw/article/0,,3939457,00.html

Spiegel Online International, 12.1.09: German Parties Meet to Finalize 50 Bln Euro Stimulus Plan http://www.spiegel.de/international/germany/0,1518,600846,00.html

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