German Chancellor Angela Merkel has urged the United States to pass a financial system rescue package by the end of this week.
She told reporters in Berlin that the passage of a bailout in the US would instill new confidence in the global credit markets. Merkel also expressed her full support for a government guarantee for troubled German mortgage lender Hypo Real Estate. She said the 35-billion-euro package in co-ordination with Deutsche Bank swoops on Postbank ...
Merkel pledges support for Ukraine's NATO membership bid ... private banks would prevent turmoil in Germany's payments system.
(Deutsche Welle)
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