Bernanke Q&A Excerpt: Europe Not Close To Long Term Solution

WASHINGTON (MNI) – The following is an excerpt from Federal Reserve
Chairman Ben Bernanke’s semi-annual hearing Q&A session Wednesday for
the House Financial Services Committee:

BERNANKE: I don’t think they [Europe] are close to having a long
term solution that will solve the problem, and until they find those
long term solutions we are going to continue to see periods of financial
market volatility.

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