Germany guarantees private savings accounts

The German government said today that it will guarantee all private savings accounts.

Sun, 05 Oct, 2008 - 17:44

The German government said today that it will guarantee all private savings accounts.

German finance ministry spokesman Torsten Albig says the decision to guarantee the savings deposits represents a new direction in actions to help stabilise the economy.

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Courts Bank guarantee scheme Person: Torsten Albig Person: Chancellor Person: Angela Merkel Person: Merkel Person: Peer Steinbrueck Organisation: Germany Organisation: German government Organisation: Hypo Real Estate AG Organisation: Hypo

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