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rutawa
Rutawa bookmarked on 2008-10-06 news economy

Germany said on Sunday it would guarantee all private German bank accounts – currently worth €568bn – in a dramatic move to prevent panic withdrawals as fears over the worldwide financial crisis spread to Europe’s largest economy.

The UK and France were

  • Germany said on Sunday it would guarantee all private German bank accounts – currently worth €568bn – in a dramatic move to prevent panic withdrawals as fears over the worldwide financial crisis spread to Europe’s largest economy.
  • The UK and France were trying on Sunday to learn details of the German plan, amid concerns other EU governments would have to follow Berlin’s lead and offer similar safeguards to savers, to avoid a cross-border flight of capital to more secure banks.
  • The Danish government early on Monday guaranteed all bank deposits in Denmark as part of a deal with banks to set up a Dkr35bn ($6.5bn) liquidation fund. Until now, deposits in Danish banks had been guaranteed up to 300,000 crowns.

This link has been bookmarked by 1 people . It was first bookmarked on 06 Oct 2008, by someone privately.

  • 06 Oct 08
    rutawa
    Kou Mikami

    Germany said on Sunday it would guarantee all private German bank accounts – currently worth €568bn – in a dramatic move to prevent panic withdrawals as fears over the worldwide financial crisis spread to Europe’s largest economy.

    The UK and France were

    news economy

    • Germany said on Sunday it would guarantee all private German bank accounts – currently worth €568bn – in a dramatic move to prevent panic withdrawals as fears over the worldwide financial crisis spread to Europe’s largest economy.
    • The UK and France were trying on Sunday to learn details of the German plan, amid concerns other EU governments would have to follow Berlin’s lead and offer similar safeguards to savers, to avoid a cross-border flight of capital to more secure banks.
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