Berlin rejects loan guarantees for Arcandor

Berlin Rejects Loan Guarantees Arcandor - Politics, Business, Civil, History - Posted: 8th Jun, 2009 - 10:10am

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Post Date: 8th Jun, 2009 - 10:10am / Post ID: #

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Berlin rejects loan guarantees for Arcandor

Berlin rejects loan guarantees for Arcandor
German Tours Local German News In English

The German government on Monday rejected emergency guarantees for Arcandor, putting the troubled retail group one step closer to insolvency. The company's shares plunged in early trading.
Source: The Local - Germany's news in English

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