<!– google_ad_section_start –> BANGKOK (AP) — World stock markets ran out of steam Wednesday after a sharp drop in Britain’s industrial production and a warning from the head of Germany’s central bank that the euro debt crisis isn’t over. Bundesbank President Jens Weidmann said Tuesday that the European Union needs to move ahead with reforms to keep troubles in the banking system from dragging down government finances. He also urged faster reforms in the financially troubled countries, saying “only governments and not the central bank system” can solve the crisis. <!– google_ad_section_end –>
Read the original here:
World stocks down on bleak UK factory production
World stocks down on bleak UK factory production
<!– google_ad_section_start –> BANGKOK (AP) — World stock markets ran out of steam Wednesday after a sharp drop in Britain’s industrial production and a warning from the head of Germany’s central bank that the euro debt crisis isn’t over. Bundesbank President Jens Weidmann said Tuesday that the European Union needs to move ahead with reforms to keep troubles in the banking system from dragging down government finances. He also urged faster reforms in the financially troubled countries, saying “only governments and not the central bank system” can solve the crisis. <!– google_ad_section_end –>
Read the original here:
World stocks down on bleak UK factory production
Share this: