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Financial Times": Berlin accuses Washington of waging economic war against them
Date: 10/05/2016 09:56
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The newspaper "Financial Times" recently published a report which said that German politicians have described Washington's demands of "Deutsche Bank" Bank of the automotive industry and the company, "Volkswagen" as "economic war."
Said Peter Ramsor Chairman of the Economic Committee in the German parliament that the recent step taken by the US Department of Justice against the "Deutsche Bank" economic war have properties that.
Peter added that Washington has a "long tradition" to take advantage of every opportunity to fight a trade war, and especially if they are in favor, stressing that the allegations against the "Deutsche Bank" is proof of that.
"Deutsche Bank" Bank faces the biggest German bank acute crisis, following the demand of the US Department of Justice need to pay it a fine of up to $ 14 billion to settle lawsuits accusing him of selling mortgage-backed by deception securities.
For his part, he criticized the German Economics Minister, Sigmar Gabriel, policy "irresponsible" for supervisors to "Deutsche Bank" Bank who is suffering serious financial difficulties imposed by the cancellation of thousands of jobs.
The bank decided to launch the restructuring of large-scale process after losing seven billion euros in 2015, which means the closure of nearly two hundred branch in Germany by 2020, and the elimination of about nine thousand jobs at the global level.
And waiting for the European and American markets worried the outcome of talks, "Deutsche Bank" to reach an agreement with the US authorities, to reduce the fine imposed on him, before the presidential election next month.
According to the French Agency, the source of the "Deutsche Bank" said that the bank came close to an agreement with Washington to pay off $ 5.4 billion in settlement of the charges.
The Deutsche Bank has a wide network of relationships with major banks and financial institutions as the global financial sector crisis threatening if debacle, which called on the IMF to launch a formal warning in this regard.
Shares of "Deutsche Bank" 2% during trading Tuesday, October 4 / November to the highest level in two weeks on expectations to reach a quick agreement with the US authorities, after hitting a record low Friday Almadi.anthy / 25 m
http://almaalomah.info/2016/10/05/economic/92229
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