Headline: EU backs higher bank guarantees
The main theme: Economics crisis
US and European were influenced by recession fears that they suffered price plummeting. Asian and European stock markets also declined seriously. To face the economics crisis, European commission took measures to lift the guarantee to 100,000 Euros. Each prime minister of countries of EU showed their own opinion. Mr. Brown made an impassioned plea to help regulate the world's financial systems. Mrs. Merkel said a G8 summit should be held with the participation of emerging countries. EU Internal Markets and Services Commissioner Charlie McCreevy said strengthen Europeans' confidence in the safety of their deposits".