Dutch Bank ING The Latest To Get A Cash Infusion
RENEE MONTAGNE, host:
NPR's Business News starts with more financial bailouts overseas. Governments around the world continue to announce financial rescue plans. Today, Dutch officials poured more than $13 billion into their country's largest bank, ING. Over the weekend, ING became the latest European bank to seek government help. And Swedish officials today announced they're setting up a bailout fund. They'll also guarantee some Swedish bank debt of up to $200 billion.
NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR’s programming is the audio.