EC president calls for meeting with heads of European banks:

Jose Manuel Barroso, president of the European Commission, asked chiefs of leading banks on the continent to meet to try to resolve the financial crisis. The EU is increasing efforts after five major European banks were rescued this week. Barroso said it is "critically important for confidence in the markets" for nations to work together on a long-term solution as well as bank rescues.

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Telegraph (London) (tiered subscription model), The · Der Spiegel (Germany) (English online version)

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