IMF calls for European reforms
- Howard Schneider and Anthony Faiola - Washington Post
- •
- March 20, 2010
The International Monetary Fund is pressing Europe to speed and deepen reform of its financial system, urging the continent to act more as a single economy even as disagreement intensified over how to...
Official Calls for European Solution to Greece’s Woes
- Matthew Saltmarsh and Nelson D. Schwartz - The New York Times
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- March 20, 2010
The diplomatic posturing over who should assist financially trouble Greece continued late Friday.
The European Commission president Jose Manuel Barroso told reporters in Brussels that the commissio...
Portugal Shedding Assets to Trim Deficit
By Leigh Phillips - EU Observer
Desperate to avoid becoming the eurozone's next debt crisis after Greece, the Portuguese government has announced a far-reaching programme of privatisation, cutting...
EU members' debt forecasts raise brows
- David M. Dickson - The Washington Times
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- March 19, 2010
While Greece's budget shenanigans have been by far the most egregious, it turns out that Athens isn't the only European capital susceptible to fudging its economic forecasts and offering too few budge...
Germany Split on Aid for Greece as Schaeuble Wary of IMF Help
- Tony Czuczka and Brian Parkin
- •
- March 19, 2010
March 19 (Bloomberg) -- The German government is split over aid for Greece, with Chancellor Angela Merkel leaving the door open to an International Monetary Fund solution against the wishes of her own...
Germany backs IMF bailout for Greece
- Quentin Peel in Berlin and Nikki Tait - Financial Times
- •
- March 18, 2010
Greece will have to turn to the International Monetary Fund if it needs financial assistance to back its austerity program, rather than to fellow members of the eurozone, the German government has dec...
EU Commission sues Greece over unrefunded taxes
BRUSSELS (Reuters) - The European Commission said on Thursday it was taking Greece to the European Court of Justice for failing to meet directives on refunding value-added tax and other taxes.
"The...
Italy sees self as resilient to economic collapse
By COLLEEN BARRY (AP)
MILAN — As Greece wins at least temporary respite from its debt troubles, will Italy be the next to face a crisis?
The chronically underachieving nation is saddled with an...
Merkel Urges Stricter Rules for Euro Zone
- The New York Times
- •
- March 18, 2010
Chancellor Angela Merkel of Germany, adopting a harsher tone toward Greece than the one expressed by some other European leaders, said Wednesday that Europe needed better rules to police its members, ...
Germany risks having tables turned in Greek debate
LONDON (MarketWatch) -- To hear Berlin tell it, you'd think they were the ones who the market was attacking on Greece's debt woes.
Chancellor Angela Merkel on Wednesday for the first time suggested...
Euro slips vs US dollar on renewed Greece worries
- Gertrude Chavez-Dreyfuss
- •
- March 18, 2010
NEW YORK, March 18 (Reuters) - The euro weakened against the dollar on Thursday as a published report saying Greece was not optimistic about receiving aid from euro zone members heightened uncertainty...
EU's Barnier pledges to tackle speculators
- John O'Donnell
- •
- March 17, 2010
BRUSSELS (Reuters) - The European Commission plans to propose controls on certain government debt derivatives as soon as June in an effort to crack down on speculation blamed for aggravating Greece's ...
The proposed EU Greek bail-out cannot simply bypass German law
- Ambrose Evans-Pritchard - The Telegraph
- •
- March 17, 2010
Does nobody read German any more? Nearly all the reports on Europe’s bail-out for Greece appear to be coming from Paris, or Madrid, or sources within the Brussels apparatus determined to seize on the ...
Tourism no quick fix for Europe’s needy
- Barry Hatton - The Associated Press
- •
- March 17, 2010
ESTORIL, Portugal - Tons of debt, but great beaches and warm weather. Can tourism help rescue Europe's financially troubled Mediterranean countries?
The economies of Spain, Portugal, Italy, Greece ...
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