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Europe Daily Bulletin No. 9585

23 January 2008
GENERAL NEWS / (eu) eurogroup
Eurogroup attempts to reassure markets - situation in Eurozone is not like that in USA

Brussels, 22/01/2008 (Agence Europe) - Although the markets expect a more pronounced slowdown in growth in the US, a recession even, Eurogroup has been keen on delivering reassurances about the situation in the eurozone. The disappointment provoked by the plan to relaunch the American economy, announced last Friday by President Bush, combined with the general uncertainty about the financial situation of banks, led to an ill-wind that swept through stock markets around the world. Following...

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