Stockholm - The Swedish parliament Wednesday approved a stability plan including the establishment of a fund to help banks that run into problems in the future.

Financial Markets Minister Mats Odell said the "stability plan would take immediate effect."

The plan included safeguarding deposits and restoring confidence between the financial institutions.

The government would also take over preferential shares if a bank requested funds.

The government would double the state guarantee to 500,000 kronor (62,000 dollars) for deposits in Swedish-owned banks.

Munich - Hypo Real Estate (HRE), the German finance company which nearly collapsed last month, applied Wednesday for additional equity funds from the German government's new bail-out plan.

Germany's first big casualty of the current crisis, HRE won 50 billion euros in guarantees earlier this month from the government and German banks.

It said at its head office in Munich it had now applied for a cash injection of 15 billion euros (19 billion dollars) from new federal fund.

It is the first German commercial bank to see help from Soffin, a new government agency created by parliament on October 17.

Previously, three state-owned banks had said they would seek help from Soffin.

Moscow - Russian President Dmitry Medvedev said his personal savings were safe in the bank and held himself up as the example to follow in an interview published Wednesday to sooth growing distrust among his countrymen.

"I have kept all of my bank accounts. I did not withdraw any money and I did not transfer my rubles to dollars," Medvedev answered a reader's question in the Russian daily Argumenty i Fakty.

"I am sure that my savings, just like the savings of all other Russians, are not under threat," he added.

In January election campaign disclosures, Medvedev, the former chairman of Russia's largest firm, energy giant Gazprom, had 2.74 million rubles (100,000 dollars) deposited in eight bank accounts.

Tehran - Iranian President Mahmoud Ahmadinejad on Wednesday again blamed the United States for the global market crisis.

"This is not a global crisis but your (US) crisis," Ahmadinejad said in Khorramabad, western Iran.

"After the political failures (in Iraq and Afghanistan), the wrong US policies also affected their own economy," the president said in a speech carried live by the news network Khabar.

Ahmadinejad said US and Western desire for hegemony had led to the current market crisis.

"You (US) are the roots for all the corruption in the world and there is no way out of this dilemma than to return to the path of spirituality, ethics and justice," he said.

Kiev - Ukraine's parliament must approve a 16.5-billion- dollar assistance package from the International Monetary Fund (IMF), or the former Soviet republic will face default, the country's national bank head said Tuesday.

Volodymyr Stelmakh, chairman of the National Bank of Ukraine (NBU), said Kiev desperately needs the low-cost loan, as without it the NBU "almost certainly" would be unable to honour Ukraine's foreign debts.

Stelmakh's statement, made at a Kiev press conference, was Ukraine's clearest warning yet that the world financial crisis had left the country short of cash and on the edge of default on bonds sold in international markets.

Paris/Brussels - The European Union is extending a loan of 6.5 billion euros (8.25 billion dollars) to Hungary to give the country added liquidity in the face of the economic crisis, French Finance Minister Christine Lagarde said on Wednesday.

France currently holds the EU presidency, and Lagarde chairs the council of EU finance ministers.

Officials from the EU's executive, the European Commission, confirmed the announcement in a statement released in Brussels.