Open Directory Project at dmoz.org

Friday, March 9, 2012

Average debt cost German taxpayers 14 billion euros 2012

German banks, insurers and fund companies, of which, if known part, all of the debt restructuring must write off on their Greek bonds about 20 billion €. The bulk of the losses is obtained in the State and Entity institutions, after a rough rough estimate around 14 billion €.

Cope with the largest loss of 8.9 billion euros, the tax payers in the bad bank Hypo Real Estate. The FMS value management called clearing bank for the losses of the rescue fund Soffin and therefore liable to the taxpayer, has 8.2 billion euros of Greek government bonds and 2.5 billion euros of derivatives and bonds of public Greek companies. These requirements are reduced by the rescheduling by 75 percent. The FMS has for 5.8 billion euros made ​​to retirement plans. Now added a further 3.1 billion euros, as Finance Minister Schaeuble said on Friday.

0 comments:

Post a Comment

Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More