The German government’s rescue package for the country’s financial system may total about 500 billion euros.
Guarantees for lending between banks will certainly be in the range of 200 billion to 250 billion euros. The overall rescue package may be about the size of 500 billion euros.
The government may loosen accounting rules to give financial institutions [...]
German bank rescue plan may cost €500 billion
October 16th, 2008 · No Comments
Tags: Online Journalism