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Schäuble on Germany's position:

Germany would have protected insured deposits: Schaeuble | Reuters

"It was the position of the German government and the International Monetary Fund that we must get a considerable part of the funds that are necessary for restructuring the banks from the banks owners and creditors - that means the investors," German Finance Minister Wolfgang Schaeuble told public broadcaster ARD in an interview.

"But we would obviously have respected the deposit guarantee for accounts up to 100,000," he said.



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by A swedish kind of death on Mon Mar 25th, 2013 at 04:43:25 PM EST
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