Weekend of emergency money talks - do politicians really know what to do? Investors do if they keep calm

Published on Aug 8, 2011 by Euronews

Europe's leaders and finance chiefs spent the weekend frantically attempting to avoid meltdown in the markets after last week's mammoth global sell-off of stocks.




G7 members held emergency telephone talks and then issued a joint statement.




They committed themselves to ensuring liquidity to support financial stability and growth.




They then went on to say that in order to do this they would take all necessary measures.




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