Germany does not need to nationalise any of Berlin, private banks bail out Hypo Real Estate ...
European stock markets down more than four percent ...
Hypo Real Estate rescue plan collapses ...
France to propose European rescue plan ...
Rocket attack against German troops ...
Germany investigates kidnap claims in Georgia ... its banks, according to Finance Minister Peer Steinbrueck.
Speaking to the German daily "Handelsblatt" on Thursday Steinbrueck added that this could change if the global financial crisis gets any worse. Over the weekend Berlin announced a 50-billion-euro rescue package for Hypo Real Estate but the government has yet to follow other European countries such as Britain in nationalising any of its lenders.
(Deutsche Welle)
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