Bloomberg News

Seibert Says Germany to Take Right Steps to Recapitalize Banks

October 14, 2011

Oct. 14 (Bloomberg) -- Chancellor Angela Merkel’s spokesman Steffen Seibert said Germany will take “the right steps” to recapitalize banks.

“When a recapitalization is necessary, we have to take the right steps,” Seibert told reporters today in Berlin without giving any details.

To contact the editor responsible for this story: Leon Mangasarian at lmangasarian@bloomberg.net


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