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Yahoo! News: Business - European Economy
Updated : Thu, 16 Oct 2008 01:56:13 GMT
EU to press for reform, Asia joins bailout (Reuters)
Reuters - European leaders will push on Wednesday for an overhaul of global financial structures after Asia joined western bastions of capitalism in bailing out banks to avert financial meltdown and tackle looming recession.
Publ.Date: Wed, 15 Oct 2008 09:56:55 GMT
Source: Yahoo.com
EU leaders call for global financial overhaul (AFP)
AFP - EU leaders were to wrap up a summit Thursday dominated by the financial crisis with a call for an overhaul of the global financial architecture to avert a repeat of the current turmoil.
Publ.Date: Thu, 16 Oct 2008 01:56:13 GMT
Source: Yahoo.com
Italy, Poland threaten to veto EU climate change plans (AFP)
AFP - Italian Prime Minister Silvio Berlusconi threatened Thursday to torpedo the European Union's climate change plans, branding them too big a burden for business amid the global financial crisis.
Publ.Date: Wed, 15 Oct 2008 23:08:31 GMT
Source: Yahoo.com
Britain calls for global finance summit (AP)
AP - British Prime Minister Gordon Brown is calling for global talks this year to reform the world's financial system.
Publ.Date: Wed, 15 Oct 2008 12:44:59 GMT
Source: Yahoo.com
Iceland cuts interest rates (AP)
AP - Iceland's central bank slashed official interest rates by 3.5 percentage points on Wednesday as it warned that the collapse of its banking system will lead to a "very sharp" contraction in the Nordic nation's economy.
Publ.Date: Wed, 15 Oct 2008 11:58:26 GMT
Source: Yahoo.com
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