BRUSSELS (Reuters) – Euro zone leaders agreed on Thursday to create a joint financial safety net with the IMF to help debt-ridden Greece and to try to restore confidence in their common currency after weeks of wrangling. Greece’s Prime Minister George Papandreou arrives at a meeting of the European Socialists (PES) ahead of a European [...]
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BRUSSELS (AFP) – German Chancellor Angela Merkel on Thursday demanded ahead of a EU summit that Greece seek rescue finance from the International Monetary Fund (IMF). The euro currency slid to a 10 month low against the dollar in the hours before European leaders started the summit dominated by frenzied efforts to save Greece from [...]
Posted in Latest News | Tagged greece, imf, merkel, must, rescue, says, seek