1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites
Live TV
Latest audioLatest videos
In focus
German coalition collapseDonald TrumpCOP29

Half a TRILLION euros: Angela Merkel's cabinet signs off on a massive rescue package for German banks - je 13.10.2008 16

Constanze TressOctober 13, 2008

The German cabinet has approved a financial rescue plan worth up to 500 billion euros. The package aims to prop up Germany's banks by stimulating lending between them. Chancellor Angela Merkel gave a televised press conference earlier outlining why she believes the rescue plan is necessary.

https://p.dw.com/p/FYeZ