crisis
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Analysts’ view: EU summit deal on euro zone crisis
IP is over the quota IP is over the quota (Reuters) – Euro zone leaders said on Thursday they had reached agreement after late-night talks on a comprehensive package of measures to tackle the euro zone’s sovereign debt crisis.The deal calls for private owners of Greek bonds to accept a 50 percent writedown on their [...]
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EU and euro zone leaders’ comments on debt crisis
IP is over the quota IP is over the quota BRUSSELS (Reuters) – Euro zone leaders said on Thursday they had reached agreement on a comprehensive package of measures to tackle the euro zone’s sovereign debt crisis.The leaders said private holders of Greek debt would accept a 50 percent writedown on their holdings as part [...]
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No deal yet on euro crisis as the danger grows
AppId is over the quota AppId is over the quota 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.As they dawdled, the danger was rising in an already high-stakes game.Leaders of the continent’s [...]
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Sarkozy yields on ECB crisis role, pressure on Italy
AppId is over the quota AppId is over the quota BRUSSELS (Reuters) – European Union leaders made some progress toward a strategy to fight the euro zone’s sovereign debt crisis on Sunday, nearing agreement on bank recapitalization and on how to leverage their rescue fund to try to stop bond market contagion.But final decisions were [...]
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Markets edgy over EU debt crisis resolution
AppId is over the quota AppId is over the quota LONDON (AP) — Skepticism over Europe’s ability to deliver a comprehensive solution to its debt troubles weighed on market sentiment Tuesday, as did a warning from Moody’s that it could soon review France’s cherished triple-A credit rating for possible downgrade.Over the past two weeks, stocks [...]