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 […]
Key Euro Leaders Call for Economic Growth Spending
Euro’s Key Leaders Seeking Debt Consensus
The leaders of Germany, France, Italy and Spain are meeting in Rome in a new effort to try to tame the debt crisis in the euro currency bloc and jolt its economy. German Chancellor Angela Merkel, French President Francois Hollande, Italian Prime Minister Mario Monti and Spanish Prime Minister Mariano Rajoy were seeking some consensus […]
Euro Finance Chiefs Weighing Greek Debt Relief
Eurozone finance officials discussed ways of easing financial woes in Greece and Spain at a meeting in Luxembourg Thursday. Athens is asking for easing the terms of its $168-billion international rescue package it secured earlier this year on the promise to adopt strict austerity measures to reduce its debt. Greece’s second bailout in two years […]
Aung San Suu Kyi Urges Britain To Support Democratic Moves in Burma
Burma’s opposition leader Aung San Suu Kyi has urged Britain to support moves toward democracy in her country during a historic address to the British parliament. She told lawmakers of both houses of parliament Thursday that the support of people in Britain and elsewhere in the world could push Burma further on its path to […]
Euro Finance Chiefs Weighing Greek Debt Relief
Eurozone finance chiefs are weighing whether to ease the terms of Greece’s latest bailout. Meeting in Luxembourg, finance ministers from Germany, the Netherlands and Finland are likely to balk at easing austerity measures Athens pledged to adopt earlier this year when it secured a $168-billion international rescue package. It was Greece’s second bailout in two […]
Aung San Suu Kyi Addresses British Parliament
Burmese democracy icon Aung San Suu Kyi made a historic addresses to Britain’s parliament Thursday, following an earlier meeting with Prime Minister David Cameron. The Nobel laureate’s speech at the historic 11th century Westminster Hall came during her first trip to Britain since leaving the country 24 years ago to lead Burma’s pro-democracy movement. Aung […]
Aung San Suu Kyi Addresses British Parliament
Burmese democracy icon Aung San Suu Kyi made a historic addresses to Britain’s parliament Thursday, following an earlier meeting with Prime Minister David Cameron. The Nobel laureate’s speech at the historic 11th century Westminster Hall came during her first trip to Britain since leaving the country 24 years ago to lead Burma’s pro-democracy movement. Aung […]
Euro Finance Chiefs Weighing Greek Debt Relief
Eurozone Finance chiefs are weighing whether to ease the terms of Greece’s latest bailout. Meeting in Luxembourg, finance ministers from Germany, the Netherlands and Finland are likely to balk at easing austerity measures Athens pledged to adopt earlier this year when it secured a $168-billion EU rescue package. It was Greece’s second bailout in two […]
Euro Finance Chiefs Weighing Greek Debt Relief
Finance chiefs from Europe’s currency bloc are in Luxembourg to start weighing whether to ease the terms of Greece’s latest bailout. Some European officials have acknowledged debt-ridden Greece will need more leeway to advance its economy, now in the fifth year of a recession, and achieve a budget surplus. But finance ministers from Germany, the […]
Aung San Suu Kyi to Address British Parliament
Burmese democracy icon Aung San Suu Kyi will address both houses of Britain’s parliament Thursday, a rare honor normally reserved for visiting heads of state. The Nobel laureate’s speech at the historic 11th century Westminster Hall is part of her first trip to Britain since leaving the country 24 years ago to lead Burma’s pro-democracy […]