DW-WORLD: Europe Props Up Crumbling Banks as US Rejects Bailout European governments were forced to rescue a number of financial institutions hit by the US-born crisis, sending stock markets plummeting.
Washington's rejection of a $700-billion bailout caused world markets to plummet. (30.09.2008) DW-WORLD: Germany Bails Out Ailing Mortgage Lender Hypo Real Estate Germany's government and top banks were injecting billions of euros Monday into troubled commercial property lender Hypo Real Estate, the first German blue-chip company to seek a bailout in the global financial crisis. (29.09.2008) DW-WORLD: Britain Nationalizes Ailing Mortgage Lender to Avert Run The British government is to nationalize mortgage lender Bradford & Bingley (B&B), the second bank this year to be taken into public ownership. (29.09.2008)
(Deutsche European banks drawn into downwards spiral ...
EU to slam Bulgaria over graft, freeze funds: report ... Welle)
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