The Delaware Gazette

EU running out of time as Greece nears the exit

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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.

European Union weighs greater unity to save euro

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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.

EU seeks to save the euro, but S&P isn’t convinced

PARIS (AP) — Seek­ing to restore con­fi­dence in the euro, the lead­ers of France and Ger­many jointly have called for changes to the Euro­pean Union treaty so that coun­tries using the euro would face auto­matic penal­ties if bud­get deficits ran too high.

Italy moves toward economic and political change

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ROME (AP) — Under pres­sure to con­trol its dan­ger­ous debt, Italy sped a pack­age of reforms toward approval Fri­day and pre­pared to hand its dys­func­tional gov­ern­ment over to a tech­no­crat who Europe hopes can save the coun­try from going broke. Finan­cial mar­kets around the world ral­lied in relief.

No deal yet on euro crisis as the danger grows

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BRUSSELS (AP) — Euro­pean lead­ers yet again put off the tough deci­sions needed to save the con­ti­nent from its debt cri­sis but promised Sun­day that a com­pre­hen­sive plan is still coming.

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