Germany became the newest European country to allay fears about the financial meltdown, guaranteeing private bank accounts as governments scrambled on their own to save failing banks. Read about how other countries are dealing with this financial crisis.
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Europe is guarnteeing private bank accounts as governments scrambled on their own to save failing banks. Other countries are dealing with this financial crisis too such as, Germany, France, Italy and Britain. For an example, Germany negotiated $69 billion for HRE being Europe's second largest economy with a financial crisis.
Europe, as well as Germany are fearful failing banks and the bailout. Europe is guarenteeing private bank accounts. Germany as of sunday guaranteed all private bank accounts as well and came up with a plan of a 69 billion bailout deal for Hypo Real Estate AG to ward off europes financial crisis.
Many European countries, such as Germany, Italy, Ireland, France, and Great Britian are fearful of the state of the Economy across the globe. They are securing private bank accounts and making plans for a bailout. The economy is in a very unstable place right now and it is hard to tell what will happen next.
Countries all over the world are scared of the economys current state. Many banks are failing and Europe is making sure that they are not going to lose too many of their banks, so Europe is promissing private bank accounts. Germany also has a back up plan of a 69 billion dollar bailout in case things turn even worse for the economy.
Private bank accounts will hopefully build financial confidence into consumers. The economic disaster isn't only in America, but across the world. Europe is taking precautions to prevent further economic damage to their big banks and try to promote the banking systems.
Europe is guarenteeing private bank accounts due to the fact of being fearful failing banks. Germany,
Itlay, Francec, and Britian are also struggling with this.
We all know Germany negotiated $69 billion for HRE, Europe's second largest economy sought to ward off financial crisis.
i think that when it comes to banks that all the little small banks should close up so that the big banks could earn some more respect, i dont trust banks with all of the money. people that work there are just the same as anybody else they could steal what we trust them with
Having a private bank account will ensure that if your bank closes that Germany has a 69 billion dollar bailout plan to help save your money. The economy is going downhill right now but hopefully this system will help.
All of the world is having to use bailout, Germany did a much smaller one, only 69 billion. But it shows how bad our financial system is and how the roots of our economy have been damaged. It is better to help the system, rather than let is crash hard.
Germany negoitated a 69 billion bailout deal for the gurrantee of all private bank accounts. The bailout plan was a deal for Hypo Real Estate AG as Europe's second largest economy sought to ward off financial crisis. The U.S had a bailout that was approved by the congress of $700 billion plan last week. We are spending a whole bunch of money on plans we can work around..
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