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Legal Update

Summary of Government Interventions in Financial Markets - Germany

September 2009
Mayer Brown Legal Update
Europe’s largest economy, which officially fell into recession in mid November 2008, contracted by 3.8 per cent. at the start of this year, making it one of the worst hit European countries. The Deutsche Bundesbank’s current economic prediction is that there will be a sharp recession in 2009 with a slight recovery in 2010.

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