European finance ministers are awaiting the formation of a new government in Greece before deciding whether to hand the country another segment of its bailout money. The ministers met late Monday in Brussels to consider the $11 billion Greek funding. The ministers have decided to wait for a resolution between Greek Prime Minister George Papandreou […]
Greek Politicians Try to Reach Agreement on Interim Government
European Finance Ministers Facing New Greek, Italian Concerns
European finance ministers are gathering in Brussels to decide whether to hand Greece another segment of its bailout money. The ministers were to meet late Monday to consider the $11 billion Greek funding. Meanwhile, Greece Prime Minister George Papandreou and opposition leader Antonis Samaras conferred in Athens to pick a new caretaker prime minister. The […]
European Finance Ministers Facing New Greek, Italian Concerns
European finance ministers are gathering in Brussels to decide whether to hand Greece another segment of its bailout money. The ministers were to meet late Monday to consider the $11 billion Greek funding. Meanwhile, Greece Prime Minister George Papandreou and opposition leader Antonis Samaras conferred in Athens to pick a new caretaker prime minister. The […]
European Finance Ministers Facing New Greek, Italian Concerns
European finance ministers are gathering in Brussels to decide whether to hand Greece another segment of its bailout money. The ministers are to meet late Monday to consider the $11 billion Greek funding. Meanwhile, Greece Prime Minister George Papandreou and opposition leader Antonis Samaras conferred in Athens to pick a new caretaker prime minister. The […]
European Finance Ministers Facing New Greek, Italian Concerns
European finance ministers are gathering in Brussels to decide whether to hand Greece another segment of its bailout money. The ministers are to meet late Monday to consider the $11 billion Greek funding. Meanwhile, Greece Prime Minister George Papandreou and opposition leader Antonis Samaras spoke in Athens to pick a new caretaker prime minister. The […]
European Finance Ministers Facing New Greek, Italian Concerns
European finance ministers are gathering in Brussels to decide whether to hand Greece another segment of its bailout money. The ministers are to meet late Monday to consider the $11 billion Greek funding. Meanwhile, Greece Prime Minister George Papandreou and opposition leader Antonis Samaras spoke in Athens to pick a new caretaker prime minister. The […]
G20 Leaders Pledge to Spur Economic Growth, Address Unemployment
Leaders of the world’s 20 leading economies have pledged to reinvigorate global economic growth and to address rising unemployment worldwide. After a two-day summit in Cannes, France, the G20 leaders also promised to promote social inclusion and make globalization serve the needs of the people. Greece’s hesitancy to abide by the terms of its financial […]
Obama Says Progress Made in Stabilizing World Economy
U.S. President Barack Obama says the world’s leaders have “made important progress” in stablizing the global economy and that he is confident European leaders will be able to resolve the continent’s debt crisis. Mr. Obama told reporters Friday at the end of the Group of 20 summit in Cannes, France, that “more hard work” remains […]
Obama Says Progress Made in Stabilizing World Economy
U.S. President Barack Obama says the world’s leaders have “made important progress” in stablizing the global economy and that he is confident European leaders will be able to resolve the continent’s debt crisis. Mr. Obama told reporters Friday at the end of the Group of 20 summit in Cannes, France, that “more hard work” remains […]
G20 Agrees to Boost IMF to Help Solve European Debt Woes
The Group of 20 leading economies have agreed to boost the resources of the International Monetary Fund to help curb the European debt crisis. European Union President Herman Van Rompuy said the decision was reached Friday at the G20 summit in the French resort of Cannes. But the shape of the additional aid for the […]