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04.10.2008 - EU Leaders Vow to Help Sinking Banks Without Joint Fund

DW-WORLD: European Leaders Hold Emergency Finance Summit in Paris French President Nicolas Sarkozy has called an emergency finance summit in Paris Saturday.

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Washington has approved its historic $700-billion bailout package, but EU leaders are divided over what action to take. (04.10.2008) DW-WORLD: Benelux Governments Break Up Fortis Group The Dutch, Belgian and Luxembourg governments have agreed to break up Fortis, nearly a week after 49 percent of the fallen banking giant was nationalized. (04.10.2008) DW-WORLD: Chronology: Financial Crisis Spreads From US to World Markets The crisis in world financial markets began when prices started declining in the US real estate market in Beckstein to step down ...
Sarkozy discusses Lisbon Treaty in Ireland ...
African goals first at G-8 summit ...
late 2006. So far, it is estimated that banks worldwide have had to writedown more than $550 billion in assets. (04.10.2008)

(Deutsche Welle)


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