British Broadcasting Corporation

Page last updated at 05:44 GMT, Monday, 6 October 2008 06:44 UK

Germany clinches bank rescue deal

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Germany's finance ministry has agreed a 50bn euro ($70bn; £40bn) plan to save one of the country's biggest banks, Hypo Real Estate.

German Chancellor Angela Merkel earlier announced an unlimited guarantee for all private savings.

Tristana Moore reports.

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