ASSESSMENTS
Germany: Berlin Tries to Avoid a Credit Crunch
Dec 3, 2009 | 18:17 GMT

Sean Gallup/Getty Images
Summary
German Chancellor Angela Merkel and Economy Minister Rainer Bruederle met Dec. 2 with financial representatives to determine how Germany can avoid a credit crisis in 2010 that could hurt the country's economic recovery. German banks are still absorbing the effects of the financial crisis and thus remain cautious in lending
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