(Der Spiegel - Germany)

The German government is considering forcing banks to accept state aid and partially nationalizing them in return because it's increasingly worried that Germany faces a credit crunch, the Süddeutsche Zeitung newspaper reported on Monday.

The German government is worried that the current shortage of bank credit plaguing industry will worsen later this year and is considering tackling the problem by forcibly taking stakes in banks, similar to the policy adopted by authorities in the United States and Britain, a German newspaper reported on Monday.(...)

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