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Browsing Tag »crisis«

→  December 3, 2011

To view this content you need Flash and Javascript enabled in your browser. Please download Flash from the Adobe download website. 4:24pm UK, Saturday December 03, 2011 A key architect of the eurozone reveals it was flawed from the beginning and efforts to tackle its problems have so far been “too little, too late”. Jacques […]

→  November 12, 2011

By Barry Moody and George Georgiopoulos ROME/ATHENS | Fri Nov 11, 2011 11:21pm EST ROME/ATHENS (Reuters) – Italy’s parliament was set to approve austerity measures on Saturday, triggering the formation of an emergency government to replace that of Prime Minister Silvio Berlusconi, and meeting European Union demands to avert a euro zone meltdown. After months […]

Obama: Euro Crisis Is Top Global Priority →  November 3, 2011

Resolving the European financial crisis is the most important task for world leaders, the US President Barack Obama has said at the G20 summit in Cannes. Mr Obama said the EU had taken steps towards a solution, but more details were needed about how the plan will be “fully and decisively implemented”. As the G20 […]

Greece risks meltdown after bailout vote bombshell →  November 1, 2011

By Dina Kyriakidou and Lefteris Papadimas ATHENS | Tue Nov 1, 2011 5:12pm EDT ATHENS (Reuters) – The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation’s euro membership into jeopardy with a shock call for a referendum. Caught unawares by his high-stakes […]