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Fortis bailout by Belgium, Netherland and Luxemburg - italkcash news

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Old 09-29-2008, 02:32 PM
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Join Date: Nov 2007
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Default Fortis bailout by Belgium, Netherland and Luxemburg

Fortis has received a kapital injections 13 bn EURO to secure the bank against bankruptcy. ECB has injected 120 bn € into the market to try to stabilise the marked. Also Germany has been under preasure as the German real estate company Hypo Real Estate had to get a 3 figured bn € guarantee from the government.



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