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Germany in a Credit Crunch | Made in Germany

351 views · Published 31 December 2009 · 2:51 · Indexed 20 September 2026

Channel: DW News · 2009 · News & Politics

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Its becoming more and more difficult for companies and consumers to get a loan. Buying a new TV on credit,pre-financing a large project or starting a business  lenders are forcing potential borrowers to run the gauntlet.The reason: Banks are only willing to loan money when theres adequate collateral involved. Risk-taking,it seems,is a thing of the past. Report by Dan Hirschfeld

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