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CBC.ca (Free subscription) | 19 hours ago
Finance officials from the G7 countries have announced a series of measures to try to slow the effects of a financial crisis that is crippling markets around the globe.
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The Earth Times Online Newspaper (Free subscription) | 07/10/2008
Luxembourg - The European Union's finance ministers were braced for confrontation with the financial sector Tuesday as they met in Luxembourg to discuss the financial crisis in general and executive pay in particular. But their talks threatened to sp...
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Deutsche Welle: DW-WORLD.DE (Free subscription) | 07/10/2008
Finance ministers from the European Union's 27 member states are set to hold emergency talks on the global financial crisis in Luxembourg this Tuesday. There are reports that the EU finance ministers will be seeking agreement on guidelines to safeguard both the savings of individual depositors and Europe's entire banking system. This comes a day after the finance ministers from the 15 countries that...
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Times of India (Free subscription) | 07/10/2008
World stock markets plunged again on Tuesday as the global financial crisis deepened, with governments taking emergency measures to shore up confidence but failing to stem the panic.
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People Daily (Free subscription) | 07/10/2008
Finance ministers of the 15- nation eurozone vowed on Monday to protect all big banks from breaking down in the finance crisis. "We have agreed that no financial institution of systemic importance should be allowed to fail," said Luxembourg Prime Minister Jean-Claude Juncker, who heads the group of finance ministers from the 15 countries that share the euro. "We will all take the necessary measures...
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Xinhuanet (Free subscription) | 07/10/2008
Finance ministers of the 15-nation eurozone vowed on Monday to protect all big banks from breaking down in the finance crisis.
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Deutsche Welle: DW-WORLD.DE (Free subscription) | 07/10/2008
European Central Bank chief Jean-Claude Trichet has announced that the European Central Bank will keep injecting money into the banking system "as long as necessary" to help institutions hit by the current financial crisis. Earlier leaders of the European Union's 27 member countries pledged to do all they could to maintain the stability of the financial system. In a joint declaration EU states stressed...
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Miami Herald (Free subscription) | 07/10/2008
European Central Bank President Jean-Claude Trichet called Monday for calm in the continent's jittery markets, saying they are overestimating risks and the euro-zone central bank stood ready to provide all the liquidity needed for as long as necessary.
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The Irish Times (Free subscription) | 06/10/2008
GERMAN CHANCELLOR Angela Merkel has strongly criticised the Government's unilateral action in providing a blanket State guarantee to Irish-owned bank, writes in Paris.
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New York Times (Free subscription) | 05/10/2008
Despite their pledge, the leaders of Europe’s largest economies failed to offer a systemwide answer to a credit crisis that has forced them to bail out several banks in just the past week.
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MSNBC.com (Free subscription) | 05/10/2008
Europe's four major powers vowed Saturday to do all they could to prevent Wall Street's turmoil from destabilizing their banking systems — even as a $48 billion plan to save a German lender fell apart.
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CBC.ca (Free subscription) | 05/10/2008
Leaders from Europe's four economic powerhouses are calling on the EU to allow them greater freedom to respond to the global financial crisis, vowing Saturday to support their countries' banks in a bid to calm shaky markets and investors.
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Daily Mail News (Free subscription) | 04/10/2008
The Prime Minister has called for a £12billion lifeline to be made available immediately to small businesses to help them stay afloat in the financial crisis.
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Law Blog - WSJ.com (Free subscription) | 04/10/2008
French President Sarkozy along with Germany's Chancellor Merkel said Saturday that the "global financial crisis needs a global response."