To ensure proper delivery of this newsletter, please add newsletter@eldr.eu to your email address book.ELDR Partyrue MONTOYERstraat 31 (7th floor)1000 Bruxelles - BelgiqueT +32 2 237 01 40 / F +32 2 231 19 07info@eldr.eu / www.eldr.euEuropean liberals outline actions for tackling Eurozone recessionCoordination of the global finance architecture in the context of the International Monetary Fund (IMF) and the Bank for International Settlements (BIS), including the implementation of a global early-warning system in order to identify specific economic and financial risks at an early stage. This is just the first of the four priority actions called for by the European liberal democrats during the annual congress of the ELDR Party which took place in Stockholm last Thursday and Friday. During the two-day congress of debates, seminars and high level meetings, there was a firm criticism of the politics of the Federal Reserve Bank to supply the US market with excessive liquidity, and the absence of greater supervisory control. The two combined policies have turned out to be a crucial mistake, highlighted Annemie Neyts, President of the ELDR Party. The European liberal democrats strongly affirmed, however, that the erroneous developments in US economic and financial policy and the apparent failure of banks and insurance companies are no reason for losing confidence in the free market economy and in individual responsibility.For the full resolution and other adopted resolutions, please, visit:http://www.eldr.org/images/upload/resolutions_stockholm_31102008.doc