Small beer: German finance
Article Abstract:
Deutsche Bundesbank lowered its reserve requirements for time and savings deposits from 4.5% to 2%. Bundesbank hopes to lure back assets that moved overseas, but the larger problem of creating reserves of up to 12.1% for sight deposits has been ignored.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
The engine of Europe
Article Abstract:
Germany's economy is troubled by rising rates for productivity costs that were 36% higher than those of Japan and Britain in 1991. Government borrowing is now 8% of the gross domestic product, while reform in East Germany consumes subsidies.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Lonesome George. The hunting of the vote
- Abstracts: Just deserts: Greece. The Macedonian question
- Abstracts: AXA feels equitable: American insurance. Burnt offerings. Exclusive offers: South African insurance
- Abstracts: See you in court: Germany. Court in the act: Germany
- Abstracts: Hard-core films: industrial diamonds. The renaissance molecule. Steeling diamonds