Under the TALF, the Federal Reserve extended loans to investors in certain triple-A-rated asset-backed securities (ABS) to promote renewed issuance of ABS, thereby increasing the availability of credit to households and small businesses.
Since the reunification boom petered out, Germany has been part of the group of countries with weak growth. While the GDP of the present EMU countries has risen by a total of 15% since 1995, the corresponding figure for Germany is no more than 10%.