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30.09.2008 - Merkel urges US to pass bailout package

Ban warns UN members not to turn inwards ...
Merkel says Wall Street crisis effects on Germany moderate ...
Deutsche Bank to buy 30 percent of Postbank ...
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The Bundesliga Casting Show ...
German Chancellor Angela Merkel has urged the United States to pass a financial system rescue package by the end of this week.

The Czech Republic news are represented by www.prague-czech-republic-accommodation.com

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 private banks would prevent turmoil in Germany's payments system.

(Deutsche Welle)


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