Berlin’s role in banking crisis in spotlight

Article reports that the German government’s role in the country’s crisis-hit financial sector came under scrutiny March 2010, after Hypo Real Estate’s chief executive Axel Wieandt quit the nationalised lender on the 25 March 2010.

The Organisation for Economic Co-operation and Development issued a strong warning about the parlous state of Germany’s banking system

ESO: Background information: Merkel moves on failing banks http://www.europeansources.info/record/merkel-moves-on-failing-banks/

Deutsche Welle, 25.3.10: HRE head resigns over differences with government's bank bailout fund http://www.dw-world.de/dw/article/0,,5391591,00.html

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