ice index compiled by the Dallas Fed which includes German real estate. The DAx tracks the performance of the 30 major German companies trading on the Frankfurt Stock Exchange. Devaluation is the forced reduction of the value of a currency against others. The ECB's Emergency Liquidity Assistance (ELA) is a measure where

exceed or fall short of the opening price as set in the opening auction for the trading day for shares in Evonik Industries AG in Xetra trading on the Frankfurt Stock Exchange by more than 5 per- cent. At the end of April, 374,627 ordinary shares (including 95,748 bonus shares) were transferred to participating employees