EU welcomes U.S. bailout vote

Fri Oct 3, 2008 6:53pm BST
 
Email | Print | | Single Page
[-] Text [+]

BRUSSELS (Reuters) - The European Commission welcomed on Friday the passage of the $700 billion (396 billion pounds) financial industry bailout bill in the U.S. House of Representatives, saying it hoped the move would help restore market confidence.

"We welcome the vote and we hope it will help restore confidence in financial markets," Commission spokeswoman Amelia Torres said.

(Reporting by Jan Strupczewski, editing by Dale Hudson)

 
Zhu Zhu pet
Can I have one for Christmas?

The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri.  Full Coverage 

Photo

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos