dinsdag 14 oktober 2008

SOS, Europe needs a plan


A plan to rescue banks from bankruptcy is more than welcome in Europe. Fortis and Dexia, for example, two of europe's big cross-border banks, were rescued at short notice by the Beneluxe with capital injection. A solution for Europe could be to create a single European financiel regulator but France and Germany disagreed. A pan-European rescue plan is not yet for today but hopely soon, because time is money.

Evelyn Demaree

http://www.economist.com/finance/displaystory.cfm?story_id=12342665

1 opmerking:

EcoEnglish zei

A plan to rescue banks from bankruptcy is more than welcome in Europe. Fortis and Dexia, for example, two of europe's [Europe's] big cross-border banks, were rescued at short notice by the Beneluxe [Benelux; not often used in English] with capital injection [rescues BY A capital injection]. A solution for Europe could be to create a single European financiel [financiAl] regulator but France and Germany disagreed. A pan-European rescue plan is not yet for today but hopely soon, because time is money.

Logic and flow are ok, but mind spelling!

olaf