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Munich: centre of financial crisis in Germany - je 06.10.2008 14

Constanze Tress
October 6, 2008

Munich is Germany's 2nd biggest financial market after Frankfurt. Germany's biggest insurance companies are based here - Allianz and Munich Re. Hypo Real Estate is also centered in Munich and has a wide network of business deals. Like in the US and the UK, German officials say Hypo was simply too big to fail.

https://p.dw.com/p/FV0O
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