Summary Box: Finance chiefs reassure CEOs at Davos 

RESTORING CONFIDENCE: Leading finance chiefs sought to reassure anxious global business leaders at the Davos gathering that Europe is on track to solve its crippling debt crisis before it drags the world's economies down.

SUCCESSFUL MOVES: Mario Draghi, head of the European Central Bank, said a combination of actions — including cheap, long-term loans to shaky banks and several interest rate cuts — has helped Europe avoid deeper financial trouble.

HIGH STAKES: U.S. Treasury Secretary Timothy Geithner said the fate of the U.S. economy — and by extension of the rest of the world — hinges on Europe's debt crisis.

Pin It
Favorite

Speaking of News, AP

More by The Associated Press

Latest in Business & Real Estate

© 2018 The San Francisco Examiner

Website powered by Foundation