Shares in European banks have increased after the reaction of investors to stabilize the debt crisis in the euro area.

Shares in European banks have increased after the reaction of investors to stabilize the debt crisis in the euro area.

In French and German banks, the shares were above 10%. In fact what led more were reports of a rescue package of measures after the IMF meeting last week in Washington, where finance ministers attending the G20.

These measures are expected to peëgjysmojnë Greek government debt, increase to 2 billion euro European Financial Stability Fund and strengthen the large European banks may be hit by the grace of the debts.

However, as AFP reports the German Minister of Finance, Vol Wolfgang Schaeuble said he has no plans to increase the size of the European Financial Stability Fund.

European governments hope that these measures are formulated for five or six weeks, at the right moment before the meeting of G20 leaders in Cannes, expected in early November.

However, EU officials in Brussels note that these measures should not be seen as the only big plan. Uncertainty to withstand debts led to the value of shares in European banks recent months amid concerns that they possess the Greek debt.

The financial crisis, OECD: Shut down 13 million jobs

Experts economists Organization for Economic Cooperation and Development have identified low-skilled people and leading youth affected by the financial crisis.

In the context of a meeting of Labour Ministers of the G20 countries in Paris, OECD reported that since the Start of the crisis in 2007 worldwide to their places of work have lost over 13 million people.

According to a statement of organization cause for concern is the growing inequality of income level, the fact that more and more related only to temporary work contracts and that real wages have stagnated or even decreased in many countries