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Tag Archives: eurozone summit

EU Cancels Euro Zone Summit Over Germany’s Unwillingness

The European Union on Tuesday delayed planned talks among leaders later this week on increasing the currency area’s financial firewall against debt contagion. The thorny question of beefing up eurozone financial defences was meant to have been dealt with over lunch on Friday, the second day of a summit gathering …

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Banking Source Reveals 8 Points of Eurozone ‘Greek Deal’

Greek private television ALTER named 8 points from the plan currently under discussion at the Eurozone Summit for the solution of the Greek debt crisis. ALTER cited a Greek high rank official from the banking sector, who spoke under conditions of anonymity. The rescue plan for Greece includes among others: 1) …

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