Saturday, October 4, 2008

In Europe there is a need for coordination,

UPDATE:IMF Chief Calls For United European Response To Crisis

PARIS (AFP)--IMF chief Dominique Strauss-Kahn called Saturday on European countries to provide a united response to the financial crisis, following talks with French President Nicolas Sarkozy. "In Europe there is a need for coordination," Strauss-Kahn told journalists hours before a mini-summit of European leaders. "It has to be indicated to the markets... that European countries will not react every man for himself. "The situation is very worrying. The banks' losses are the worst we've ever seen," the International Monetary Fund's chairman warned. "The IMF thinks it's a global problem that needs a global response." Strauss-Kahn's meeting with Sarkozy came just hours before the French president was due to host his U.K.,

Posted by malct @ 06:23 PM (462 views)
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2 thoughts on “In Europe there is a need for coordination,

  • planning4acrash says:

    No, there is a need for the euro to be put to bed, for us to have sound money and a gold standard, (minting decentralised), or, local currencies, or a hybrid, where gold and silver are legalised as tax free legal tender, where shop keepers must accept it at spot rate, but can give change in fiat currency.

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  • “In Europe there is a need for coordination,” Strauss-Kahn told journalists hours before a mini-summit of European leaders. “It has to be indicated to the markets… that European countries will not react every man for himself.”

    So they didn’t invite 23 other member states. ???????????????????????

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