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Greek Cabinet Backs Papandreou Plan for Referendum on Debt Plan

Posted November 1st, 2011 at 10:40 pm (UTC-5)
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Greek Cabinet ministers are giving their support for Prime Minister George Papandreou’s plan to hold a referendum on the European Union debt relief deal. A Greek government spokesman said after a marathon Cabinet meeting early Wednesday that a public vote would come as soon as possible after the details of the latest debt agreement are […]

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Greek Cabinet Backs Papandreou Plan for Referendum on Debt Plan

Posted November 1st, 2011 at 9:40 pm (UTC-5)
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Greek Cabinet ministers are giving their support for Prime Minister George Papandreou’s plan to hold a refernedum on the European Union debt relief deal. A Greek government spokesman said after a marathon Cabinet meeting early Wednesday that a public vote would come as soon as possible after the details of the latest debt agreement are […]

Tags: , , , Posted in Europe

Papandreou Vows to Honor Public Verdict on Debt Plan

Posted November 1st, 2011 at 8:40 pm (UTC-5)
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The Greek prime minister has stunned the world by saying he will put his country’s debt-relief deal with the European Union to a public vote and abide by the voters’ decision. Prime Minister George Papandreou’s announcement sent global stock markets plummeting as investors reacted to a major jolt of uncertainty in the European economy. Mr. […]

Tags: , , , Posted in Europe

Papandreou Vows to Honor Public Vote on Debt Plan

Posted November 1st, 2011 at 7:45 pm (UTC-5)
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The Greek prime minister has stunned the world by saying he will put his country’s debt relief deal with the European Union to a public vote and abide by the voters’ decision. Prime Minister George Papandreou’s announcement sent global stock markets plummeting as investors reacted to a major jolt of uncertainty in the European economy. […]

Tags: , , , Posted in Europe

Expert: Greece Can Find A Way Out of The Crisis

Posted November 1st, 2011 at 4:50 pm (UTC-5)
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One expert on Europe’s economy blames the current crisis on Greece and 16 other nations using a single currency without a “single and fully well-coordinated policy.” In a VOA interview, Robert Hockett of Cornell University says Greece was able to borrow substantial sums “because it was part of this shared common currency.” He says Greece […]

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World Stocks Plunge on Call for Greek Debt Plan Vote

Posted November 1st, 2011 at 3:05 pm (UTC-5)
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World stock markets plummeted Tuesday on Greece’s call for a referendum on the European debt-relief agreement, while the continent’s leaders scrambled about how to react to the surprise development. Asian indexes fell sharply, and European stocks plunged. Markets in Paris and Frankfurt slid five percent, with U.S. indexes falling more than two percent in afternoon […]

Tags: , , , Posted in Economy

World Stocks Plunge on Call for Greek Debt Plan Vote

Posted November 1st, 2011 at 12:50 pm (UTC-5)
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World stock markets plummeted Tuesday on Greece’s call for a referendum on the European debt-relief agreement, while the continent’s leaders scrambled about how to react to the surprise development. Asian indexes fell sharply, and European stocks plunged. Markets in Paris and Frankfurt slid five percent, with U.S. indexes falling more than two percent in afternoon […]

Tags: , , , Posted in Economy

World Stocks Plunge on Call for Greek Debt Plan Vote

Posted November 1st, 2011 at 11:50 am (UTC-5)
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World stock markets plummeted Tuesday on Greece’s call for a referendum on the European debt-relief agreement, while the continent’s leaders scrambled about how to react to the surprise development. Asian indexes fell sharply, and European stocks plunged. Markets in Paris and Frankfurt slid more than four percent in afternoon trading, with U.S. indexes falling about […]

Tags: , , , Posted in Economy

US Manufacturing Grows More Slowly

Posted November 1st, 2011 at 11:25 am (UTC-5)
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The U.S. manufacturing sector grew more slowly in October. Tuesday’s study comes from an industry group, the Institute for Supply Management, which said measures of production, exports, and employment were lower than prior months. U.S. factories were among the first businesses to start growing after the recession officially ended in June 2009. While manufacturing growth […]

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World Stocks Plunge on Call for Greek Debt Plan Vote

Posted November 1st, 2011 at 10:00 am (UTC-5)
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World stock markets plummeted Tuesday on Greece’s unexpected call for a referendum on the European debt-relief agreement, while the continent’s leaders scrambled on how to react to the surprise development. Asian indexes fell sharply, and European stocks plunged. Markets in London, Paris and Frankfurt slid three to five percent in afternoon trading. Stocks of banks […]

Tags: , , , Posted in Economy, Europe

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