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IPFS News Link • Economy - International

German bank announces collapse of 35 billion euro rescue

10-4-2008 • AFP

German bank Hypo Real Estate said a planned 35-billion-euro (48-billion-dollar) rescue had fallen through after the banking consortium involved pulled out of the deal. The rescue bid was the biggest in German history and came after HRE was sucked int

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Reported By Powell Gammill

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