FRANKFURT, March 20 (Reuters) - German treasurers are
closely watching market developments following the state-backed
takeover of Credit Suisse by peer UBS , a bid
to allay fears over a new financial crisis.
"We are observing the enormous dynamic of the situation,"
the Association of German Treasurers said in e-mailed comments,
declining to comment further.
(Reporting by Christoph Steitz, Editing by Friederike Heine)
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