On Monday 13th, an announcement is made that the European countries will inject multimillion amounts of money in the financial market to prevent a collapse. The stocks have risen after the amazing news.
Based on the abovementioned agreement, Germany had committed 480 billion Euros to the bailout operation; France, 360 billion; Holland, 200 billion; Austria and Spain, 100 billion each, and so on until with Great Britain's contribution they reached the figure of 1.7 trillion Euros. On that day -since the exchange rate between currencies constantly varies- that figure equalled 2.2 trillion US dollars, which added to the 700 billion dollars allocated by the United States.
In the evening of that same day, during a banquet in his honour offered at the White House, Prime Minister of Italy Silvio Berlusconi makes a speech paying homage to Bush: "We have confidence in the President who had the courage to do what he considered fair, what he had to do for himself, for his people and for the world."