DW-WORLD: Financial Meltdown Worsens as Recession Hits Euro Zone As US bank Washington Mutual goes belly-up, Ireland has become the first euro zone country to officially slide into recession. Laissez-faire is done with, said French and current EU President Nicolas Sarkozy.
(26.09.2008) DW-WORLD: Debt-Averse Germans Unlikely to Attract Sub-Prime Trouble Sub-prime mortgages are virtually unknown in Germany since home ownership Quiz time ...
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Two Germans abducted in Nigeria ... rates are relatively low. Germans tend to be debt-averse and are required to put down more equity in financing a home purchase. (25.09.2008) DW-WORLD: Europe Shuns US-style Rescue as Bailout Debate Rages The EU says its financial system is robust and there is no need to come up with a US-style bailout as Federal Reserve Chairman Bernanke offered his bleakest outlook since a credit crisis set in last year. (24.09.2008)
(Deutsche Welle)
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