EU endorses bank deposit guarantees

October 7, 2008

Renata Goldirova on EU Observer says that “The 27 EU leaders have vowed to "take all measures necessary" to ensure the stability of the ailing financial system. According to a statement issued by EU French presidency on Monday evening (6 October), EU governments will not hesitate – if needed – to inject liquidity from central banks, to adopt measures targeted at certain banks or to enhance deposit guarantees.” Read the article here.

divider