The Delaware Gazette

Greece secures bailout to avoid debt default

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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.

All EU nations but UK open to joining new treaty

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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.

US will not help pay for Europe’s debt woes

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WASHINGTON — Pres­i­dent Barack Obama said Mon­day the United States stands ready to do its part to help Europe with its deep­en­ing debt cri­sis, even as the White House ruled out any finan­cial con­tri­bu­tions from U.S. taxpayers.

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