Govt denies plans to join the euro (AFP)
AFP - The government on Monday denied it had any plans to adopt the single European currency, after the European Commission president said Britain was considering joining the eurozone.
Publ.Date: Mon, 01 Dec 2008 11:27:28 GMT
Source: Yahoo.com
US interbank lending rates continue to rise (AP)
AP - Interest rates on three-month dollar loans between banks rose for the third day Monday, as financial companies' funding concerns lingered despite last week's announcement by the Federal Reserve it would provide hundreds of billions of dollars to free up credit markets.
Publ.Date: Mon, 01 Dec 2008 14:39:45 GMT
Source: Yahoo.com
Merkel: All options open for German economic help (AP)
AP - German Chancellor Angela Merkel said Monday she is leaving "all options open" to stimulate Germany's flagging economy, but repeated she still does not favor immediate tax changes.
Publ.Date: Mon, 01 Dec 2008 12:30:51 GMT
Source: Yahoo.com
EU says French bank rescue plan needs checking (AP)
AP - The EU said Monday it had to carefully inspect France's bank bailout plan — but stressed it was not blocking it — to make sure banks wouldn't profit unfairly from large doses of state money.
Publ.Date: Mon, 01 Dec 2008 13:46:35 GMT
Source: Yahoo.com
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