login
login

Europe Daily Bulletin No. 9900

13 May 2009
Contents Publication in full By article 33 / 35
GENERAL NEWS / (eu) eu/economy
Governments, central banks and over-regulation to blame for financial crisis

Brussels, 12/05/2009 (Agence Europe) - The widespread idea that the 2008 financial crisis was down to a lack of rules and failure of the market is wrong. That at least is the case argued by a group of leading economists from the Institute of Economic Affairs, a British free-market-leaning think tank. These economists suggest that governments played a leading role by creating the conditions that resulted in the crisis. In their analysis, they say that central banks held interest rates too low...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS