The European Union urged Greece on Monday to announce new austerity measures within days to tackle a debt crisis that has shaken the euro zone and promised to help Athens overcome the problem.
EU Economic and Monetary Affairs Commissioner Olli Rehn made the call after a first round of talks with Greek officials amid growing market [...]
Posts Tagged ‘greek debt’
EU tells Greece to do more on budget, markets improve
March 1st, 2010 by Financial Writer
Tags: athens, debt crisis, eu economic, european union, greece, greek borrowing, greek debt
more...World markets buoyed by banks despite Greek fears
February 16th, 2010 by Financial Writer
World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street’s open following a public holiday in the U.S.
However, investors, particularly in Europe, remained wary about the Greek debt crisis and the associated response from the European Union.
In Europe, the FTSE 100 index of leading British shares [...]
Tags: british bank, european union, greek debt, greek fears, stock markets
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