The Dutch government is going to inject 10 billion euros into ING, one of the world’s 20 biggest banks. The agreement between ING, the finance ministry and the Dutch central bank was announced by Finance Minister Wouter Bos. Speaking at a news conference, he said the government was investing in a healthy business so it could face the future with confidence. The move comes two days after ING announced it expected a 500-million-euro net loss in the third quarter as result of the financial crisis and asset depreciation. The announcement caused ING shares to drop 27.5 in value.
Archive for October 19, 2008
Dutch Goverment Agrees with 10Billion to “ING”
Posted in amsterdam, credit crisis, Dutch, Dutch News, economic crisis, economic news, international, Netherlands, News with tags banks in netherlands, dutch goverment, economic crisis, economic news, ING, Netherlands on October 19, 2008 by nunetherlandsNeed for Speed Undercover Trailer
Posted in entertainment, Games, pc games, racing games, Video, Wii with tags EA, Need for speed, PC, PS2, PS3, PSP, racing game, Under cover, Wii, x box 360 on October 19, 2008 by nunetherlandsA new movie from Need for Speed: Undercover is now available, showing off a ‘Highway Battle,’ which in this case is a no-holds-barred street race where a Lexus inexplicably keeps up with a Lamborghini. Need for Speed Undercover will be available on November 18 for the PC, PlayStation 2, PlayStation 3, Xbox 360, Wii, Nintendo DS and PSP.
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