German ESM Risks Are Limited, Schaeuble Tells Mittelbayerische
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Germany’s financial risks from participation in the European Stability Mechanism are limited to 190 billion euros ($232 billion), Finance Minister Wolfgang Schaeuble said in an interview with Mittelbayerische Zeitung.
Reports of an agreement on shared liability for banks in the European Union at a euro region leaders’ meeting on June 29 are untrue, the newspaper cited Schaeuble as saying on its Internet site.