Germany's Hans-Gert Pöttering has been at the head of the European Parliament since January 2007. He explains why European states should pull together to find a common solution to the financial crisis. (Part 1)
European Central Bank president Jean-Claude Trichet tells FRANCE 24 that Europe needs to find its own solutions, and that to follow the US example would be naïve.
Billion-dollar bailout schemes and major bankruptcies have sent taxpayers and traders reeling with shock as global banking systems teeters on the brink of collapse. Is this the end of global capitalism as we know it?
European leaders gathering for an EU policy summit Wednesday night said they were committed to Greece remaining in the eurozone and following its austerity programme. France also defended euro bonds, despite German opposition to the idea.
French President François Hollande and German Chancellor Angela Merkel remained in disagreement over solutions to Europe's debt crisis, specifically on the issue of euro bonds and Greece, as they joined other EU leaders for a key summit Wednesday.
The OECD said Tuesday that the fragile developed world recovery led by the US and Japan could be stifled if Europe fails to contain the crises of the debtor states.
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.
International Monetary Fund chief Christine Lagarde tells FRANCE 24's Marcus Karlsson that even an "orderly" Greek exit from the eurozone would pose great risks, but still remains an option if the country's "budgetary commitments are not honoured".
Three senior executives at US banking giant JPMorgan Chase are set to resign this week following a trading blunder that resulted in a shocking $2 billion loss, which could extend to $3 billion through the end of June, US media has reported.
