Topic: EU Economy
Merkel: eurozone expulsion should be possible
AP News
Merkel: eurozone should be able to expel members who repeatedly break rulesGerman Chancellor Angela Merkel said Wednesday there should in future be a mechanism to expel countries from the eurozone as a last resort if they persistently break its financial rules. Merkel — whose country has Europe's biggest economy — lent ...
A look at global economic developments
AP News
A look at economic developments and activity in major stock markets around the worldA look at economic developments and activity in major stock markets around the world Wednesday: ___ BRUSSELS — The European Union's executive told Britain to speed up its deficit cuts, warning that the government is too optimistic ...
Greece may turn to IMF if EU fails to deliver
AP News
Greece insists it could seek IMF help if EU leaders fail to deliver support on debt crisisGreece could seek IMF funding to help overcome its debt crisis, if its EU partners do not provide "clear support" next week, government officials said Wednesday. "We have to keep all options open for ...
Greek premier refuses to rule out IMF appeal
AFP Global Edition
Greek Prime Minister George Papandreou on Wednesday refused to rule out an appeal for aid to the IMF, if European backing is insufficient to resolve its debt crisis. "If we realise that we indeed will be borrowing at extremely high rates... there are other options," Papandreou told reporters in Brussels ...
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