EU financial woes

Germany\'s finance ministry has agreed on a euro$50b plan to save one of the country\'s biggest banks.



The deal, reached with private banks, to save Hypo Real Estate is worth euro$15m more than the first rescue attempt, which fell apart on Saturday.



Germany earlier announced an unlimited guarantee for all private savings, a move followed later by Denmark.



Meanwhile, the Icelandic government has been working through the night to try to shore up its entire banking system.



The country\'s banks have now agreed upon measures to stabilise its financial system, where last week the currency fell by a fifth against the dollar.