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WEDNESDAY, NOVEMBER 25, 2009
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PREMIUM NEWS ARCHIVE

European bid to ease crisis.

Article from: Gulf Daily News (Manama, Bahrain) Article date: May 1, 2008

PARIS: Europe's top four economies yesterday called for more co-ordination of efforts to combat financial market instability and voiced hope that the region will weather a credit crunch that central banks are struggling to fight off.

"If there are two words that we should focus on, they are transparency and supervision," French Finance Minister Christine Lagarde told a news conference after hosting a meeting with her counterparts from Germany, Britain and Italy.

The talks were held largely to prepare a meeting of leaders ...

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