New French Finance Minister Pierre Moscovici (pictured) and his German counterpart at their first-ever meeting Monday pledged to do whatever was necessary to keep Greece in the eurozone, despite the nation's crippling debt.
German Chancellor Angela Merkel told caretaker President Karolos Papoulias in a phone call Friday that Greece should hold a referendum on staying in the eurozone when it holds new polls on June 17. The idea was rejected by Greece's two main parties.
From Paris to Berlin to Washington...it's been a busy week for the new French president. Laura Baines' panel assess Francois Hollande's performance in the world this week.
From Paris to Berlin to Washington...it's been a busy week for the new French president. Laura Baines' panel assess Francois Hollande's performance in the world this week.
As leaders from the world's biggest economies get ready for this weekend's G8 summit in the US, some emerging market countries might be asking themselves if they want to take economics lessons from Europe. Zero (or below zero) growth, crippling debt, and a common currency constantly under threat....Europe's economy is the crisis that never went away. Laura Baines' panel discusses what, if anything, can be done to fix it.
As leaders from the world's biggest economies get ready for this weekend's G8 summit in the US, some emerging market countries might be asking themselves if they want to take economics lessons from Europe. Zero (or below zero) growth, crippling debt, and a common currency constantly under threat....Europe's economy is the crisis that never went away. Laura Baines' panel discusses what, if anything, can be done to fix it.
As Greece’s political impasse pushes Athens closer to the brink of a euro exit, François Picard’s makes the distinction between tough talk on the part of Europe’s leaders and the shared fear of a domino effect.
As Greece’s political impasse pushes Athens closer to the brink of a euro exit, François Picard’s makes the distinction between tough talk on the part of Europe’s leaders and the shared fear of a domino effect.
