Eurovision Bailout Contest

Eurovision Bailout Contest

Mapping the meltdown across the Atlantic.

Posted Monday, October 6, 2008 - 4:15pm

Major action: Oct. 5: announcement of 30 billion euros in loans to be provided by banks and insurers; 20 billion euros to be provided by the German central bank (Bundesbank).

 

Bank: UniCredit; consumer retail, commercial and investment bank, and asset manager

Head office: Milan, Italy

Assets: 1.06 trillion euros in assets (2007)

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