European leaders vow Bank guarantees, bid to stop financial rot
October 12, 2008 at 23:17 PM EDT
[Skip to the end] Hopefully this will buy some time to hope for a general recovery of output and employment that contains the national deficits. This plan is also coordinated but still relies on the national government’s balance sheets. European Leaders Vow Bank Guarantees, Bid to Stop Financial Rot By James G. Neuger Oct. [...]
