Germany's banks are a timebomb. And if they crash, it'll be 2008 all over again, writes ALEX BRUMMER 



The crash in the value of the shares and bonds of Germany’s largest lender, Deutsche Bank, is the biggest threat to economic stability and the future of Europe’s monetary union since the financial crisis of eight years ago.
Unless Angela Merkel’s Berlin government gets to grips with the parlous condition of its banking system, the Eurozone risks a convulsion every bit as far-reaching as the one that started with the collapse of the American investment bank Lehman Brothers, bringing lending to a shuddering halt and leading to what has become known as the ‘Great Recession’.
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28 September 2016 in Business, Views: 87
Source: Daily Mail
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