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The Hellenic Radio (ERA): News in English, 08-10-21

The Hellenic Radio (ERA): News in English Directory - Previous Article - Next Article

From: The Hellenic Radio (ERA) <www.ert.gr/>

CONTENTS

  • [01] Seeking Exit from Crisis

  • [01] Seeking Exit from Crisis

    21 2008 00:06:00

    Sources: , NA-PA

    Injection of additional liquidity continues to boost the banking system exit from the credit crisis. However, governments target is the money be used for business loans to unlock real economy. Relevant calm prevailed in major stock markets today with London, Paris and Frankfurt stock markets closing with large gains. The Athens stock market index closed at 2.124.80 point up by 0.35%. The chief of the European Central Bank said that circumstances appear to be easing, however, all should be on alert as the financial crisis would have a dramatic impact on growth and employment at global level.

    Translated by Chrisanthi Sarantis


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