IMF chief Christine Lagarde told Greeks on Friday to pay their dues and help drag their country out the crippling economic crisis. Lagarde said Greeks could "help themselves" by "all paying their taxes".
François Hollande steals the show at his first late-night EU summit but the ball remains firmly in Angela Merkel’s court. Her constituents remain torn between paying for pain they don’t (yet) feel and shouldering the blame for an eventual collapse of the euro.
François Hollande steals the show at his first late-night EU summit but the ball remains firmly in Angela Merkel’s court. Her constituents remain torn between paying for pain they don’t (yet) feel and shouldering the blame for an eventual collapse of the euro.
As we head towards key parliamentary elections on June 10th and 17th, the new French president and government are making their first steps. François Hollande went to Berlin, the US and Brussels in the space of a week. A man elected after a campaign focused on domestic topics is now mostly busy with international issues, from the Greek crisis to the war in Afghanistan.
The poster boy for anti-austerity protests, Greek leftist politician Alexis Tsipras, visits Paris - while we also look at rows over justice system reforms, and whether the state can stop Air France laying 5,000 people off.
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.
Talks to form a new Greek government collapsed last Tuesday, forcing the country's president to call new elections in June. Greece faces weeks of instability and threatens to plunge the whole of the eurozone in a new crisis. Has Greece become ungovernable? Christophe Robeet speaks to Anni Podimata, Vice-President of the European Parliament and member of the Greek Socialist party.
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.
European shares tumbled and the euro hit a four-month low against the dollar on Friday, a day after Moody’s rating agency downgraded 16 Spanish banks in a move that unnerved investors amid growing concern over the eurozone debt crisis.
INTERNATIONAL PAPERS, Fri. 18/05/12: The man who could be Greece’s next Prime Minister gives an interview to the Wall Street Journal. Syriza leader Alexis Tsipras say he doesn’t think Europe will cut off spending to Greece. He wants a European solution, but says if push comes to shove, Greece can manage on its own.
