Germany Rescue Package

Published / Last Updated on 20/05/2010

Germany Rescue Package

by Ashley Clark, Director

Germany’s lower and upper houses of parliament has finally approved their contribution to the widespread Eurozone bailout.  The approval did nothing to steady stock markets, as everyone remains concerned at the rising debt crisis.

Germany’s contribution is said to mount to 148 billion Euros in guarantees, part of a total package of 750 billion Euros.

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