THEwilliam

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The German government has appointed a "credit mediator" to foster dialogue between banks and small and medium-sized German companies that have insufficient access to credit, Germany's Economics Ministry said Wednesday.

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Credit card firms will be told today to stop luring customers into higher borrowing as part of an overhaul of consumer rights. Lenders will be banned from raising credit limits without asking the customer first and ordered to stop sending unsolicited[...]

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