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A modern industrial nation,
a modern manufacturing base needs
a efficient finacial market:
banks, which are able to provide money
for capital investment to our economy.
This is one part of the services of general interest which the state must assure.
Therefore it is important to shore up
banks in their emergency situation in the financial crisis
because they do not only belong to, but also sustain this system.
We can not let this banks become insolvent
this would cause consequences
not only for the German economy, but for all
who have bank accounts and want to have security for their savings.
It would cause consequences that wouldn’t be sustainable.
Thus we have to stabilize the HRE, the Hypo Real Estate,
and we have to make sure
that it can achieve our system in the future and will not impair it.
That's the reason why we make this law and this bail out plan for the Hypo Real Estate
We protect the finacial market and the private savings of our citizens.