Shoring Up European Confidence

more in Heard on the Street »

Half measures just won't do in the current financial crisis. But that's all some of the governments of Europe's biggest economies have come up with despite the recognition there needs to be a better coordinated response to the credit crunch.

Verbal assurances given by German Chancellor Angela Merkel and U.K. Prime Minister Gordon Brown to guarantee German and U.K. bank deposits, echoed by Monday's statement from all 27 European Union governments, ...

Most Popular