Schaeuble proposes German-backed loans for firms in Spain Portugal and maybe Greece

German Finance Minister Wolfgang Schaueble has proposed to government colleagues that the state-owned development bank KfW be used to provide loans to small and medium-sized enterprises in Spain, Portugal and possible Greece.According to a report in Der Spiegel magazine, the loans would be guaranteed by Germany and would allow businesses in the eurozone periphery to enjoy the same credit ...

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