Merkel to make statement on Hypo Real

Sun Oct 5, 2008 11:27am BST
 
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BERLIN (Reuters) - German Chancellor Angela Merkel will make a statement on the financial crisis and the plight of lender Hypo Real Estate on Sunday afternoon, a government source said.

Officials from the German government, central bank and financial regulator were meeting on Sunday in an effort to save the bank after a Berlin-brokered deal to rescue it unravelled.

(Reporting by Hans-Edzard Busemann, writing by Iain Rogers)

 
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