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    German retailer Arcandor needs 900m euros (AFP)

    Mon, 04/20/2009 - 10:45 EDT - Yahoo! Business News
    • Business
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    A man takes down an Arcandor sign after a press conference in Duesseldorf, western Germany. Arcandor said Monday it needs new loans of up to 900 million euros (1.2 billion dollars) from banks and the state in order to survive the recession.(AFP/DDP/Volker Hartmann)AFP - Troubled German retail group Arcandor said Monday it needs new loans of up to 900 million euros (1.2 billion dollars) from banks and the state in order to survive the recession.

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