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Extracts from the joint press briefing by Todd, spokesperson of Neelie Kroes and by Johannes Laitenberger, spokesperson of José Manuel Barroso, on the financial market crisis

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The effects of the US financial market crisis continue to be felt across Europe. Governments in Germany, Denmark, Austria and Sweden offered deposit guarantees to savers in order to calm down the fears of the investors. In Belgium, the government has expressed its wish to nationalize the Assurance-Bank Fortis. The EC is determined to act as a stabilising force throughout this crisis.
SHOTLIST

Type: EbS   Reference: 59216   Date: 06/10/2008   Duration: 00:04:04
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