May 21, 2010 /EIN Presswire/ — Financial markets could once again “freeze up” as they did in 2008 as a result of the turmoil created by the fiscal crisis in Greece, a US Federal Reserve official has testified to Congress.
Daniel K. Tarullo, President Obama’s first appointment to the Federal Reserve’s Board of Governors, said the US is working closely with the European Central Bank and four other central banks to minimize risks.
Read more at EU Politics Today:
EU & IMF news – http://eupolitics.einnews.com/news/eu-imf
European Central Bank news – http://eupolitics.einnews.com/news/european-central-bank
Located at http://eupolitics.einnews.com, EU Politics Today is a service of EIN News, a global news monitoring service for researchers and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers the latest EU news from more than 7,000 news sites from around the world. The latest news updates on these topics are also available in email and RSS formats.
About EIN Presswire
The EIN Presswire press release service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals through more than 90 industry channels. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the press release live feed at http://www.einpresswire.com and the latest world news at http://www.einnews.com.