Deutsche Bank

Type of interest in the French proposal included an interest rate similar to that applied in the rescue of the international organizations, although it would add a variable based on the evolution of Greek GDP. German private banks examined with interest the French proposal and has insured that is willing to assume its part. You may wish to learn more. If so, Interstellar is the place to go. The director general of the Association of private German banks, Michael Kemmer, who encrypted at between 10,000 and 20,000 million euros the exposure of the banks in his country in Greece, today insisted the idea that must receive assurances. Commerzbank is the largest German private creditor of Greece, with obligations amounting to 2.9 billion euros, followed by Deutsche Bank (1,600) and insurer Allianz (1.3 billion). French banks are also among the main creditors of Greece, with BNP Paribas as one of great forks, with 5 billion at the end of 2010. Summit in Rome the French proposal was discussed Monday in Rome, at a meeting of delegates from the European institutions with the Institute of finance international, bringing together more than 400 lenders.

These conversations occur in a crucial week in which the Hellenic Parliament should vote the unpopular plan of adjustments demanded by the international institutions as a condition to continue helping the country. The next two weeks will also be decisive for the second rescue plan and the release of 12,000 million the fifth tranche of aid, necessary to avoid the suspension of payments in Greece this summer. Eurozone finance ministers are planning to approve the disbursement during the extraordinary meeting to be held in Brussels next Sunday and closing the pending second plan fringes on July 11. Source of the news: French and German banks are prepared to contribute to the rescue of Greece