Brussels, 02/10/2008 (Agence Europe) - Great relief at a political level, as well as on the markets, prevailed following the US Senate vote for the Paulson plan of providing $700 billion to support the banking sector caught in the current storm. Determined to act in a different way, Europeans are examining many other options but the question of how these could be structured remains uncertain.
The US Treasury plan, which was approved on Wednesday 1 October (entitled: “Law on emergency...