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October 26, 2013 by Cornelia Leave a Comment

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Germany's grand coalition to present bill on property tax reform
German lawmakers in the ruling coalition have settled a dispute over property tax reform. A bill is expected to be presented to parliament before the summer break.
Deutsche Bank may create 'bad bank' for high-risk assets
Germany's largest lender is planning to isolate up to €50 billion in high-risk assets, reported the Financial Times. The bank's chief executive has vowed to restore sustainable profitability to the ailing lender.