Financial Regulatory Forum

ANALYSIS-German ratings agency idea a tough challenge

LONDON, Oct 28 (Reuters) – The German government’s idea for a new European-based credit rating agency comes at a vulnerable time for the tarnished sector but such a body will have to offer more than a copycat service if it is to succeed.

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GM negotiator meets with Opel task force in Berlin

An Opel car stops in front of the Federal Ministry for Economy and Technology in Berlin August 25, 2009. German Foreign Minister Frank-Walter Steinmeier said General Motors Co's top negotiator for a deal on the sale of its European unit Opel would meet the government's Opel Taskforce on Tuesday in Berlin.  REUTERS/Pawel Kopczynski   (GERMANY TRANSPORT) By Gernot Heller and Maria Sheahan
BERLIN/FRANKFURT, Aug 25 (Reuters) – German government officials met with General Motors’ top negotiator on Tuesday, hoping to get answers on why the U.S. carmaker has so far failed to choose a buyer for its European unit, Opel.

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EU clears German crisis plan for export-credit insurance

BRUSSELS, Aug 5 (Reuters) – The European Commission approved on Wednesday a short-term export-credit insurance scheme adopted by the German government to limit the impact of the financial crisis on export companies. (more…)

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