Thu, 22 Mar 2012 10:40:30 GMT
Bernake warns European crisis has not ended yet
Although European financial stresses have eased, the region has to put more effort to completely resolve its crisis, claimed Federal Reserve Chairman Ben Bernake on Wednesday. He assessed current economic situation across Europe as difficult. Bernake suggests Europe must create a stronger banking system and take steps to boost growth. Moreover indebted countries should work more to reduce their external imbalances.