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German parliament approves "bad bank" plan - Focus Infomation

Story date: 2009-07-03 01:13:00
Added on: 2009-07-03 17:04:28


Berlin. Germany’s lower house of parliament, the Bundestag, has passed a bill for the creation of "bad banks" to absorb toxic assets and clean up balance sheets at financial institutions caught up in the financial crisis, Deutsche Welle . The bill ...


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