Germany backs bank deposits
Last week, Ireland and Greece backed bank deposits, and the UK raised its insurance cap from 35,000 pounds to 50,000 (US $88,400).
French President Nicolas Sarkozy in which Germany, France, Italy and the U.K. is working on a unified European Union response to the problem
Germany guarantees private deposits
57 minutes ago
By Steve Goldstein, MarketWatch LONDON (MarketWatch) -- Germany became the latest, and by far the biggest, European country to explicitly guarantee the deposits in banks held by their citizens, in a move announced Sunday.
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