STOCKHOLM, Sweden (AP) — Germany joined Ireland and Greece on Sunday in guaranteeing all private bank accounts, putting Europe’s biggest economy at odds with calls for a unified European response to the global financial meltdown. The decision came as governments across Europe scrambled to save failing banks, working largely on their own a day after leaders of the continent’s four biggest economies called for tighter regulation and a coordinated response. —-Contact The Daily Reveille’s news staff at [email protected]
Europeans scramble to save failing banks; economy at odds
By The Associated Press
October 4, 2008