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The Netherlands is missing 18 million euros in interest payments from Deutsche Bank. The bank does not want to pay this money and a British judge has now confirmed Deutsche Bank. Finance Minister Wopke Hoekstra reports that
Deutsche Bank has deposited money with the Dutch government and normally the bank would receive interest in that country. But because the interest rate is currently so low, the government wants money from the bank. Other financial institutions also pay that in the Netherlands
Deutsche Bank does not agree with that. A British judge has now ruled the bank. The case ended in London because the contract was drafted in accordance with British law. Minister Hoekstra appealed
. The money that Deutsche Bank has in the Netherlands fits into a broader agreement. The state has derivatives in the bank to absorb the risks in the financing of the national debt. As a guarantee, Deutsche Bank deposits cash on the State account for this purpose.
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