Germany will protect domestic firms from foreign takeovers, two leading politici...
) are based, said all legal options should be explored to block potential bids for German companies.
The plan is one of several being considered by officials as the government puts together a rescue package intended to keep the short-term havoc wrought by shutting down the economy from becoming a rout, an official told Reuters. The roughly 500 billion-euro fund first reported by Der Spiegel is modeled on the 480 billion-euro Special Fund for Market Stabilisation that the government set up to support banks at the time of the financial crisis.The finance ministry is currently considering direct support programs to a value of around 180 billion euros, the magazine said, adding that sum might be increased to 700 billion euros.
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