
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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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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BRUSSELS — The countries that use the euro pulled Greece back from an imminent and potentially catastrophic default on Tuesday, when they finally stitched together a euro130 billion ($170 billion) rescue they hope will also provide a lifeline to their common currency.
Feb 21 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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BRUSSELS (AP) — European leaders were wrestling Thursday over how much of their sovereignty they are willing to give up in a desperate attempt to save the ambitious project of continental unity that grew from the ashes of World War II.
Dec 8 2011 | Posted in
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A move by the world’s central banks to lower the cost of borrowing exhilarated investors Wednesday, sending the Dow Jones industrial average soaring 490 points and easing fears of a global credit crisis similar to the one that followed the 2008 collapse of Lehman Brothers.
Nov 30 2011 | Posted in
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ISLAMABAD — Afghanistan officials claimed Sunday that Afghan and NATO forces were retaliating for gunfire from two Pakistani army bases when they called in airstrikes that killed 24 Pakistani soldiers, adding a layer of complexity to an episode that has further strained Pakistan’s ties with the United States.
Nov 27 2011 | Posted in
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