Washington/Brussels: Central banks from all the major economies are ready to take steps, including coordinated action, to stabilise markets as world economies prepare for a possible financial storm or public panic after cliffhanger elections in Greece this weekend.
Britain announced it would flood its banking system with cash as the euro zone's crisis casts a black cloud over the nation's economy.
Officials from the G20 nations, whose leaders are meeting in Mexico next week, said that central banks were ready to take steps to stabilize financial markets - if needed - by providing liquidity and prevent any credit squeeze after Sunday's election.
Canada is ready to act if the situation takes a serious turn for the worse or there is an external shock, Andrew MacDougall, a spokesman for Prime Minister Stephen Harper, said on Thursday.
The Bank of Japan left policy unchanged on Friday following a two-day meeting, keeping its financial firepower in reserve in
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