P508 Teletjxt 508 Feb02 21:41:54
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DARKEST CLOUDS HAVE LIFTED, SAYS GEORCE
The Governor of the Bank of England,
Eddii George, has hinted that the worst
of the global economic crisis which
threatened an international meltdown
last autumn could be over.
He said the thrjat of a "arddiu ar4nch"
- where bankers fear lending to
industries - had receded, while Japan
had taken action to aid its economy.
"Thj darkest storm clouds havj lifted a
little," Mr George said.
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