G7 Releases Vague Principles Designed To Give Impression Of Competence

G-7 Finance Ministers and Central Bank Governors

Plan of Action

Washington– The G-7 agrees today that the current situation calls for urgent and exceptional action. We commit to continue working together to stabilize financial markets and restore the flow of credit, to support global economic growth. We agree to:

1. Take decisive action and use all available tools to support systemically important financial institutions and prevent their failure.
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Original Source: www.pheedo.com

  10 Octubre, 2008| Economy | @ 17:02

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