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Europe Daily Bulletin No. 9490

30 August 2007
GENERAL NEWS / (eu) eu/economy
Commission discusses international financial crisis

Brussels, 29/08/2007 (Agence Europe) - A point of order on the Commission's agenda for the meeting at the end of the holidays involves the financial market crisis that occurred in August and which is linked to fall-out affecting the US mortgage lending market (EUROPE 9487 and 9483). On Wednesday 29 August a Commission spokesperson declared, “the Commission's assessment is that control and intervention systems are functioning, economic fundamentals in Europe are healthy and that in the...

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