Europe plays down chances of US-style help for banks

Article reports from Brussels and national capitals in Europe that European finance ministers and policymakers were playing down, 22 September 2008, the likelihood of mimicking the US plan to prop up the banking sector by acquiring troubled financial assets.

EurActiv, 23.9.08: ECB rules out US-style large-scale bailouts http://www.euractiv.com/en/financial-services/ecb-rules-us-style-large-scale-bailouts/article-175621

ECB: Press Release, 22.9.08: Statement by G-7 finance ministers and central bank governors on global financial market turmoil http://www.ecb.eu/press/pr/date/2008/html/pr080922.en.html

Website: Financial Stability Forum http://www.fsforum.org/

Deutsche Welle, 22.9.08: Germany Says it Sees No Need for Own US-style Bailout http://www.dw-world.de/dw/article/0,2144,3662664,00.html

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