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At a conference in Berlin on 29 June, the German Finance Minister, Wolfgang Schäuble, when asked about the situation of Deutsche Bank, said he was more concerned with the situation in Portugal. He added that if Portugal does not comply with EU budget rules, a new rescue program will be needed. It is not the first time that Schäuble has made this kind of statement about Portugal when questioned about Germany’s leading bank.

Read the article about how the German banks are saved ...

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