Financial dominoes falling throughout Europe as governments step in to guarnatee savings accounts
October 5th, 2008 at 11:30pm Chuck Sweeny
The financial panic is spreading to Europe. The Financial Times  reports that the German government has stepped in to guarantee the savings of all Germans, some €568 billion (that’s the symbol for euros for those of you in Chemung).
In Britian, The Guardian, says the German action is putting pressure on the Labour government to follow suit and guarantee Brits’ savings.
Entry Filed under: dominoes
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