World leaders at the second and final day of the G20 economic summit in France plan to focus on the stabilization of the global economy, following a day largely dominated by internal Greek political wrangling that threatened to plunge the eurozone into economic disaster. Leaders of the world’s biggest economies are expected on Friday to […]
G20 Turns Attention to World Economy, Amid Greek Turmoil
EU Leaders Urge Greece to Stick to Bailout Plan
ReutersUS 3 – 11/3/2011 6:31:00 PM – BC-BIZREP-NOV03-VARIOUS- European leaders say they are ready to continue supporting debt-ridden Greece if Athens remains committed to the agreed upon bailout package. European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy urged Greece in a joint statement Thursday to continue with the implementation of […]
EU Leaders Urge Greece to Stick To Bailout Plan
VIDEO: ReutersUS 3 – 11/3/2011 3:18:00 PM – BC-RREP-NOV03-GREECE-GOV European leaders are welcoming the Greek prime minister’s decision to scrap a referendum on the international bailout deal for his country. George Papandreou backed out of his idea Thursday after German and French leaders made it clear that they would not allow Greek internal political squabbling […]
Eurozone Debt Crisis Focus of G20 Summit
Leaders of the world’s leading economies met Thursday in the French resort city of Cannes to discuss global economic problems, with the summit dominated by the European debt crisis and questions about a Greek bailout deal. The summit host, French President Nicolas Sarkozy, welcomed news from Greece that some members of the political opposition there […]
Eurozone Debt Crisis Focus of G20 Summit
Leaders of the world’s leading economies are meeting in the French resort city of Cannes to discuss global economic problems, with the summit dominated by the European debt crisis and questions about a Greek bailout deal. U.S. President Barack Obama met separately with German Chancellor Angela Merkel and French President Nicolas Sarkozy – who lead […]
Obama: Resolving Eurozone Debt Crisis Primary Task of G20 Summit
U.S. President Barack Obama is in the French resort city of Cannes for a two-day summit with officials from the world’s leading 20 economies, a meeting expected to be dominated by the European debt crisis and Greece’s surprise move to put a proposed bailout deal to a popular vote. Speaking alongside French President Nicolas Sarkozy, […]
Eurozone Crisis Talks to Dominate G20 Summit
U.S. President Barack Obama has arrived in Cannes, France for a two-day summit with leaders of the world’s leading 20 economies, a meeting expected to be dominated by the European debt crisis and Greece’s surprise move to put a proposed bailout deal to a popular vote. President Obama plans to hold separate meetings Thursday with […]
Eurozone Crisis Talks to Dominate G20 Summit
U.S. President Barack Obama has arrived in Cannes,France for a two-day summit with leaders of the world’s leading 20 economies, a meeting expected to be dominated by the European debt crisis and Greece’s surprise move to put a bailout deal to a popular vote. In an emergency meeting of European leaders ahead of the G20 […]
China’s Hu Says Europe Must Solve Debt Problems
Chinese leaders are warning their European counterparts not to rely on Beijing to bail them out of their continuing debt crisis. President Hu Jintao was quoted Wednesday telling French President Nicolas Sarkozy it is mainly up to Europe to solve the continent’s economic problems. At the same time, China’s official Xinhua news agency said Mr. […]
Eurozone Crisis Talks to Dominate G20 Summit
Heads of state from the world’s leading 20 economies are meeting in Cannes Thursday for a two-day summit expected to be dominated by the European debt crisis and Greece’s surprise move to put a bailout deal to a popular vote. In an emergency meeting of European leaders ahead of the G20 summit, French President Nicolas […]