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EU Can't Predict End of Credit Crisis

                   
wsj.com
Sep 15, 2008
        
Story Timeline:  81 days

NICE, France -- European Union economic policy makers see no end in sight to the credit crisis but believe their banking systems remain sound. At a two-day meeting on the French Riviera, the bloc's finance ministers and central bankers mulled the impact of Lehman Brothers Holdings Inc.'s difficulties and questioned whether their own regulatory regime could prevent the collapse of such a large firm. Policy makers... [read full story]                    

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Fallout of global credit crisis might still reach local shores

 gulfnews.com Sep 16, 2008
First article on this story:

ECB official warns financial crisis will continue to dog global banks

 gulfnews.com Sep 13, 2008
Selected publications with coverage of this story:
euobserver.com bbc.co.uk asianage.com euractiv.com yahoo.com guardian.co.uk gulfnews.com allafrica.com ft.com finanznachrichten.de wsj.com
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Fallout of global credit crisis might still reach local shores

gulfnews.com
Sep 16, 2008
        

As the global credit crisis unravels amid the latest turn of events with Lehman Brothers, America's fourth largest investment bank, going under, the region and the UAE may do well not to be too sanguine about not being...

                   

UPDATE 1-SNB monitors mkts, liases with banks, authorities

finanznachrichten.de
Sep 16, 2008
        

LAUSANNE, Sept 16 (Reuters) - The Swiss National Bank is closely monitoring financial market turmoil and is in close contact with the country's big banks as well as other central banks, SNB Vice-Chairman Philipp Hildebrand...

                   

UPDATE 1-SNB monitors mkts, liaises with banks, authorities

finanznachrichten.de
Sep 16, 2008
        

LAUSANNE, Sept 16 (Reuters) - The Swiss National Bank is closely monitoring financial market turmoil and is in close contact with the country's big banks as well as other central banks, SNB Vice-Chairman Philipp Hildebrand...

                   

Africa: What Wall Street's Carnage Means for the Rest of Us

allafrica.com
Sep 16, 2008
        

THE wreckage on Wall Street is unbelievable - there is no other word for it. Two more top US banks - Merrill Lynch and Lehman Brothers - have gone only days after Washington was forced to bale out Fannie Mae and Freddie...

                   

US bank crisis smashes hole in European markets

euobserver.com
Sep 16, 2008
        

Canary Wharf in London, where humbled Lehman Brothers staff packed up on Monday (Photo: wikipedia) PHILIPPA RUNNER Today @ 09:28 CET EUOBSERVER / BRUSSELS - The US banking crisis wiped billions off the value of European...

                   

EU struggles with tools to tackle Lehman-style crisis

euractiv.com
Sep 15, 2008
        

A meeting of European finance ministers in Nice over the weekend highlighted the EU's lack of common tools to prevent or deal with a collective catastrophe like that currently occurring in US financial markets with the...

                   

EU finance ministers reject stimulus package to ward off recession

euobserver.com
Sep 15, 2008
        

LEIGH PHILLIPS Today @ 11:43 CET European Union finance ministers meeting in the south of France for informal discussions over the weekend on a unified response to the darkening economic clouds agreed to boost loans to...

                   

No end to financial woes: EU

asianage.com
Sep 14, 2008
        

By Leigh Thomas NICE, France Sept. 14: The crisis roiling the financial sector will probably grind on for some time, but European banks should be able to avert serious trouble, EU finance chiefs said. The US investment...

                   

EU finance chiefs still see no end in sight to crisis

yahoo.com
Sep 14, 2008
        

NICE, France, (AFP) - The crisis roiling the financial sector will probably grind on for some time, but European banks should be able to avert serious trouble, EU finance chiefs said. US investment bank Lehman Brothers'...

                   

EU finance chiefs still see no end in sight to crisis (AFP)

yahoo.com
Sep 14, 2008
        

by Leigh Thomas Sun Sep 14, 12:57 AM ET NICE, France, (AFP) - The crisis roiling the financial sector will probably grind on for some time, but European banks should be able to avert serious trouble, EU finance chiefs...

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