
ATHENS, Greece — European leaders insist they want to keep Greece in the eurozone, but are putting off any agreement on how they hope to accomplish that. Greece says it, too, wants to stay in the eurozone, but until after elections it’s uncertain whether it can implement the austerity that Europe has set as a condition for doing so.
May 24 2012 | Posted in
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WASHINGTON — On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2 ½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the hard part.
May 20 2012 | Posted in
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CHICAGO — The NATO alliance that has fought for a decade in Afghanistan is helping that nation shift toward stability and peace, but there will be “hard days ahead,” President Barack Obama said Sunday as alliance leaders insisted the fighting coalition will remain effective despite France’s plans to yank combat troops out early.
May 20 2012 | Posted in
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PARIS — The day after Francois Hollande rode to power in France on a slogan of “change now,” the conversation in Europe was already different Monday: Austerity had become a dirty word.
May 7 2012 | Posted in
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PARIS — France handed the presidency Sunday to leftist Francois Hollande, a champion of government stimulus programs who says the state should protect the downtrodden — a victory that could deal a death blow to the drive for austerity that has been the hallmark of Europe in recent years.
May 6 2012 | Posted in
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FRANKFURT, Germany — Europe’s plan to fix its debt crisis by imposing budget cuts frayed Monday. Heavy selling rocked financial markets, uncertainty gripped two governments, and the economic outlook darkened across the continent.
Apr 23 2012 | Posted in
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NEW YORK — The Dow edged teasingly close to the 13,000 marker on Friday, a milestone it hasn’t reached since before the financial crisis brought the U.S. economy to its knees.
Feb 17 2012 | Posted in
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BRUSSELS (AP) — The European Union said Friday that 26 of its 27 member countries are open to joining a new treaty tying their finances together to solve the euro crisis. Only Britain remains opposed, creating a deep rift in the union.
Dec 9 2011 | Posted in
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