Steinbrück able to tap €100bn stability fund

The German government announced 13 October 2008 a rescue package for its banks which would include €80bn ($108 billion) in fresh capital and €400bn in loan guarantees.

ESO: Background information: Germany draws up contingency plan http://www.europeansources.info/record/germany-draws-up-contingency-plan/

Deutsche Welle, 13.10.08: German Government Announces Rescue Deal for Banks http://www.dw-world.de/dw/article/0,2144,3707451,00.html

Deutsche Welle, 23.10.08: Poll: Merkel Gets Boost From German Bailout Plan http://www.dw-world.de/dw/article/0,2144,3732167,00.html

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