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“It was the Irish government that imposed the farthest-reaching guarantee for its banking system at the start of the crisis – on its own initiative,” said German finance minister Wolfgang Schäuble. Photograph: Eric Luke
Germany’s rethink on just where the blame lies for the Irish bank bailout

On a dismal Tuesday night, 600 Berliners have braved the snow and a bitter, Siberian wind to fill the Deutsches Theater. Six bankers prowl the (...)

German finance minister Wolfgang Schäuble said yesterday there was a “danger that they won’t be able to open the banks again at all” in Cyprus. Photograph: Reuters
Berlin presses Nicosia to produce alternative to bank levy proposal

Berlin has said there is “no point crying over spilt milk” following the Cypriot rejection of an EU rescue proposal and pressed Nicosia yesterd(...)

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