Eu's Almunia says no easy solution to crisis

MADRID, Oct 9 (Reuters) - There are no easy solutions to the current financial crisis, but advances are being made, EU monetary Affairs Commissioner Joaquin Almunia said in an interview on Spanish national radio RNE on Thursday. Almunia said the problem is not a guarantee of deposits, but liquidity, and called on central banks to continue injecting liquidity into the market.... [read full story]                    

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