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EU leaders draft plan to combat financial crisis
EU leaders draft plan to combat financial crisis
Sputnik International
The leaders of 15 of the richest European countries have pledged to guarantee interbank lending and invest in banks by buying their preference shares. Analysts... 13.10.2008, Sputnik International
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EU leaders draft plan to combat financial crisis
15:19 GMT 13.10.2008 (Updated: 19:47 GMT 19.10.2022) The leaders of 15 of the richest European countries have pledged to guarantee interbank lending and invest in banks by buying their preference shares. Analysts view this as partial nationalization of banks.