Goverments around the world are taking drastic measures to keep the global financial crisis from getting worse - je 13.10.2008 10
Sebastian KatzerOctober 13, 2008
Goverments around the world are taking drastic measures to keep the global financial crisis from getting worse. The US is injecting billions of dollars into banks and financial institutions to keep them from failing. And Europe is doing the same. Over the weekend, European leaders agreed to coordinate efforts to restore investor confidence. Leading European economies, including Germany, are taking individual measures and implementing rescue packages to bolster their financial institutions. But it's still too early to tell if these moves will stem the current crisis.