| |
|
- Greek election race tightens into dead heat
ATHENS (Reuters) - A flurry of polls on Saturday showed the race to lead Greece has tightened into a dead heat ahead of an election next month that could determine whether it remains in the euro. Greece was forced to call the new vote for June 17 after an election on May 6 left parliament divided evenly between groups of parties that support and oppose austerity conditions attached to a 130 billion euro rescue agreed with lenders in March. ...
- Cameron calls for euro contingency plans
CAMP ROUND MEADOW, Maryland (Reuters) - Prime Minister David Cameron urged countries on Saturday to put in place strong contingency plans to deal with fallout from the euro zone debt crisis as fears grow that Greece could be forced out of the European single currency. Cameron, speaking at a summit of the Group of Eight major economies, also appeared to hint that the European Central Bank should follow the example of the Bank of England by embarking on an asset purchase program to try to boost the economy. ...
- G-8 leaders hope Greece remains in eurozone
President Barack Obama and other leaders of the Group of Eight industrial nations expressed hope Saturday that Greece will remain in the eurozone as they huddled for a shirt-sleeves summit aimed at keeping Europe's economic troubles from multiplying and spreading around the world.
- France's Hollande wants Greece to stay in euro zone
CAMP DAVID (Reuters) - French President Francois Hollande said on Saturday he wanted Greece to stay in the euro zone, but expected the country to meet its commitments. "The message I gave was the hope that Greece stays in the euro zone, respects its commitments and is supported by Europe to stimulate its growth," he said. Hollande said he had wanted to discuss Spanish and other bank recapitalization, but the G8 had not been the forum to deal with the issue. (Reporting By John Irish and Elizabeth Pineau. Editing by Warren Strobel)
- G8 backs Greek euro membership
The leaders of the G8 group of major economies say they want Greece to remain in the eurozone, and commit to promoting growth.
- G8 leaders back Greece in euro zone, call growth "imperative"
CAMP DAVID, Maryland (Reuters) - G8 leaders said Saturday it is "their imperative" to promote growth and jobs to reinvigorate the global economy, and gave their backing to Greece remaining in the euro zone. "We agree on the importance of a strong and cohesive Eurozone for global stability and recovery, and we affirm our interest in Greece remaining in the Eurozone while respecting its commitments," the leaders said in a statement after meeting at this presidential retreat. (Writing By Warren Strobel)
- Nightmare foretold if Greece heads for euro exit
ATHENS/LONDON (Reuters) - In Athens, the homeless are on the streets in growing numbers, soup kitchens feed twice as many people as a year ago, and the poor are diving into garbage bins in search of scrap they can sell. Greece is close to breaking point as it struggles with austerity targets set by creditors, but this is just a foretaste of the nightmare of unrest, hunger and even anarchy that could engulf the debt-crippled nation if it is forced out of the euro. ...
- G8 leaders huddle on European crisis
Concerns about whether debt-laden Greece will be forced to pull out of the eurozone, and what that would mean for a weakened European economy is the first topic on Saturday's agenda at the Group of Eight summit hosted by U.S. President Barack Obama, a senior administration official said.
- Merkel did not push Greece referendum idea: witness
BERLIN (Reuters) - German Chancellor Angela Merkel asked Greek President Karolos Papoulias what he thought of the idea of holding a referendum on Greek membership in the euro but did not push it, a journalist who said he overheard their conversation wrote on Saturday. A Greek government spokesman said Merkel raised the idea in a telephone call on Friday but Berlin swiftly denied that. The incident reignited anti-Merkel sentiment in debt-laden Greece where many accuse the German leader of exacerbating the crisis by being slow to act and then demanding austerity measures that are too tough. ...
|
|
| more» |
| |
|
For more information about current affairs, business, economy, politics and more, use InsideWorld's free daily e-mail news service.
If you would like to receive news, but do not have an InsideWorld account yet, click below to setup your free account now and start receiving news right away.
|
| |
Click here for your free subscription

Login to your account for for advanced settings:
 InsideWorld
is a collection of country and region web sites providing local news and information to a worldwide audience.
Use InsideWorld’s headlines available on this site to access the latest stories. Or sign up today.
|