Germany has denied reports that it was preparing to rescue its biggest lender, Deutsche Bank, amid concern of a new systemic crisis in Europe.
“The German government is not preparing a rescue plan and there's no reason for such speculation”, Martin Jaeger, a German finance ministry spokesman, said on Wednesday (28 September).
Christine Lagarde, the head of the International Monetary Fund (IMF), also tried to reassure markets, telling US broadcaster CNBC: “I don’t see that particu...
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Already a member? Login hereAndrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.