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Reuters - The European Union was set to back an International Monetary Fund call for $500 billion to fight the financial crisis on Monday as world stocks sank toward 14 year lows in a broad-based sell-off.

EU investment bank will lend carmakers 3 bln euros (AFP)

AFP - The European Investment Bank said Thursday its board had approved plans to lend an additional three billion euros to auto makers and that more was on the way.

ADDITIONAL INFO After failing to achieve the expected results, you fire the executive. 10) How to sack the sick or disabled worker (including employees' compensation claims). But now and then circumstances force an employer to terminate an employee. Because they live in an "at will" state, they think they can layoff anyone whenever they choose. For gross misconduct, your stack of paper is usually much smaller. Downsizing is reducing your small business's employees. If you layoff a worker for disobedience, you should have valid reasons and document it properly. This letter serves as written notification to [name]. Just Having a worker separation Form Is Not Enough, You should Use It Properly. In it, the employee agrees to not challenge his dismissal in court, and in return he gets an increased severance package. (I've included a cover note template in the employee Dismissal Toolkit at the end of this book.

First, corporate outplacement helps plan the jobholder lay off and provides services for the employee afterwards. In this case, worker termination agreement should explain this. It is best to use temporary help until it is possible to speak with the employee about their future with the company. Finally remember to remain professional in both your notification and in the dismissal meeting.