Showing Archived Posts

Aung San Suu Kyi in France on Final Leg of European Tour

Posted June 26th, 2012 at 9:55 am (UTC-5)
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Burmese democracy icon Aung San Suu Kyi has arrived in France, on the final leg of her historic European tour. The 67-year-old Nobel prize laureate arrived in Paris by train from London Tuesday afternoon. She is scheduled to meet with President Francois Hollande for dinner and a press conference. During her trip, she will also […]

Tags: , , , , Posted in Europe

Key European Leaders Call for Tighter Financial Control

Posted June 26th, 2012 at 9:45 am (UTC-5)
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Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro in the latest effort to resolve the continent’s unrelenting debt crisis. Four officials produced the plan Tuesday — European Council President Herman Van Rompuy, European Commission President Jose Manuel Barroso, Eurogroup President Jean-Claude Juncker and […]

Tags: , , , , Posted in Europe

Four Eurozone Finance Ministers to Meet in Paris

Posted June 26th, 2012 at 5:55 am (UTC-5)
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The finance ministers of France, Germany, Italy and Spain will discuss the ongoing eurozone sovereign debt crisis Tuesday in Paris. The meeting is taking place on the eve of joint talks between French President Francois Hollande and German Chancellor Angela Merkel aimed at reaching some sort of accord before a crucial European Union summit begins […]

Tags: , , Posted in Europe

Spain, Cyprus Seek Bailouts for Their Ailing Banks

Posted June 25th, 2012 at 6:35 pm (UTC-5)
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Spain and Cyprus — one of the euro currency bloc’s biggest economies and one of its smallest — both sought eurozone bailouts Monday for their financially troubled banks. Spain asked for up to a $125 billion rescue for banks left holding bad real estate loans. Foreign Minister Jose Manuel Margallo said details of the bailout […]

Tags: , , , , Posted in Europe

Spain, Cyprus Seek Bailouts for Their Ailing Banks

Posted June 25th, 2012 at 6:11 pm (UTC-5)
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Spain and Cyprus — one of the euro currency bloc’s biggest economies and one of its smallest — both sought eurozone bailouts Monday for their financially troubled banks. Spain asked for up to a $125 billion rescue for banks left holding bad real estate loans. Foreign Minister Jose Manuel Margallo said details of the bailout […]

Tags: , , , , Posted in Europe

Aung San Suu Kyi to Visit France

Posted June 25th, 2012 at 6:11 pm (UTC-5)
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Burmese democracy icon Aung San Suu Kyi is planning to visit France on Tuesday, making that country the last leg of her first trip to Europe in 24 years. The French foreign ministry says Aung San Suu Kyi will meet with President Francois Hollande at the start of her four-day trip. It says she also […]

Tags: , , , , Posted in East Asia Pacific

Spain, Cyprus Seek Bailouts for Their Ailing Banks

Posted June 25th, 2012 at 2:05 pm (UTC-5)
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Spain and Cyprus — one of the euro currency bloc’s biggest economies and one of its smallest — both sought eurozone bailouts Monday for their financially troubled banks. The twin bids in Madrid and Nicosia for outside assistance kicked off a week of uncertainty in the 17-nation currency union as the continent’s leaders head to […]

Tags: , , , , Posted in Economy

Spain, Cyprus Seek Bailouts for Their Ailing Banks

Posted June 25th, 2012 at 1:35 pm (UTC-5)
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Spain and Cyprus — one of the euro currency bloc’s biggest economies and one of its smallest — both sought eurozone bailouts Monday for their financially troubled banks. The twin bids in Madrid and Nicosia for outside assistance kicked off a week of uncertainty in the 17-nation currency union as the continent’s leaders head to […]

Tags: , , , , Posted in Economy

Spain, Cyprus Looking for Outside Aid for Ailing Banks

Posted June 25th, 2012 at 10:05 am (UTC-5)
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Spain — one of the euro currency bloc’s biggest economies — formally sought a bailout for its financially troubled banking system Monday. Meanwhile, Cyprus — one of the eurozone’s smallest countries — is also looking for help for its distressed banks. The twin bids in Madrid and Nicosia for outside assistance for their ailing banks […]

Tags: , , Posted in Economy, Europe

Key Euro Leaders Call for Economic Growth Spending

Posted June 22nd, 2012 at 3:15 pm (UTC-5)
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The leaders of the euro currency bloc’s four biggest economies have, for the first time, agreed to support new spending to try to boost the region’s stagnant economic fortunes. After meeting in Rome, German Chancellor Angela Merkel, French President Francois Hollande, Italian Prime Minister Mario Monti and Spanish Prime Minister Mariano Rajoy agreed Friday to […]

Tags: , , , , Posted in Economy

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