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German Economy Minister Rainer Bruederle said that overdue the merger talks and called in Germany state governments to take advantage of the moment to take as substantial sums of money were burned , the German press agency said reports DAPD.. All seven Landesbanken passed recent European stress tests , but officials want see reform of the sector after years of discussion about possible consolidation.Also on Monday, Finance Minister Wolfgang Schaeuble invited his state-level counterparts and regional banking officials to a meeting 28th September the banks to discuss the future.

52.6 per cent Greek debt leap over Venezuelanbelieves the financial market, Greece is more probable than not default on its debt over five years, and the cost of insuring that debt has now risen above Venezuela, according to CMA DataVision.

During this time, Venezuela CDS have declined from 100 bps.28th of trouble. Sector Banks Consider MergerTwo public in Germany wholesale banks, Bayern LB and WestLB, said Monday they will consider a merger – a move that to consolidate the to consolidate the so-called Landesbanken. – BayernLB and WestLB said she will of this year of this year, ‘whether a merger makes economic sense. ‘.

North Rhine-Westphalia state finance minister Norbert Walter-Borjans said that together with the pressure from the European Commission will be felt movement brings into the story..Core capital Lot programs which to go into the calculation gross domestic product increased by 1.7 % after rising 1.4 % November.

A separate report in the Commerce Department demonstrated orders for a range of domestically produced goods rose 0.5 % last month. But almost 100 % nearly 100 % decrease in commercial aviation whole purchase orders of 2.5 %.

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The growth exceeded the economists expectations for a slight strengthening to 405th A Labor Department official said four countries large increases big increases in the claims due to snow. In addition, said he, seasonal volatile that the data.