Debt Crisis In Europe
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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
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Barack Obama To Meet Angela Merkel In Germany, Top Trade Partner And Ally
President Barack Obama is stressing a message of solidarity on his final visit to Germany - a top trade partner, key President Barack Obama and home to thousands of American troops, as well as a nation critical to solving Europe's migrant crisis and debt woes.
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Angela Merkel Named TIME's 'Person of the Year 2015', Baghdadi Second
Time magazine today named German Chancellor Angela Merkel as its "Person of the Year 2015," hailing her leadership for navigating debt and refugee crises that threatened to tear the European Union apart.
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Greece Says Cannot Handle Migrants; UNHCR Calls Crisis 'Shameful'
Greek Prime Minister Alexis Tsipras asked Europe to help in handling tens of thousands of refugees coming in from Syria, Afghanistan and other war zones, saying on Friday his cash-strapped country could not deal with them alone.
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Debt Conundrum Set to Keep Greek Banks in Months-Long Freeze
Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe.
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Europe Demands New Greek Debt Plan at Crisis Summit
Tsipras will face his 18 eurozone counterparts in Brussels as the country's economy gasps for air, with banks closed until at least Thursday amid fears the Greek banking system is imploding.
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Greece Defies Europe With Overwhelming Referendum 'No'
Greece overwhelmingly rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country's euro zone membership into further doubt and deepening a standoff with lenders.
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Europe Tensely Awaits Greek Voters' Bailout Decision
After months of fruitless talks with its creditors, Greece's dramatic bid to place a bailout decision in the hands of its people will have an impact far beyond the heavily-indebted country's borders, analysts warn.
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Few Signs of Global Market Panic As Greece Nears Default
There was little evidence of panic, however, with investors pointing to Europe's improved ability to fight financial contagion since the height of the euro debt crisis in 2011.
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Europe's Bankers Press Pause Not Panic Over Greece
Euro zone stocks remained well ahead of where they were at the start of the year before the European Central Bank (ECB) started printing money, and while government borrowing costs shot up in Europe's indebted southern countries - Italy, Spain and Portugal - they remained well below the heights scaled at the peak of the crisis in 2011/2012.
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In Europe, China Premier Pledges to Hold on to Eurozone Debt
China promised the European Union on Monday it would hold on to its Eurozone debt, Chinese state media reported, saying the Greek debt crisis was Beijing's problem too.
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Europe Closes in on Greece Debt Deal
Eurozone leaders said they hoped to finally seal a Greek bailout deal this week to save Athens from default and a possible exit from the euro, but Germany warned that more hard work was needed.
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As Barack Obama Visits Asia, Old Alliances Face New Strains in Face of China's Influence
In November 2011, with the Arab Spring uprisings in full tilt and Europe rocked by a debt crisis, President Barack Obama flew to Asia to promote a shift of America's military, diplomatic and business assets to the region. His then Secretary of State, Hillary Clinton, declared in the same year that the 21st century would be "America's Pacific centur...
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Data protection norms in Europe may hurt India's IT sector: Nasscom
Even as outsourcing demand from Europe revives after the debt crisis, data protection regulations in the region governing trans-border data flows could hurt India's $108-billion IT-ITeS industry, sectoral body Nasscom said on Sunday.
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No country will have to leave the Euro: German Chancellor Angela Merkel
German Chancellor Angela Merkel stressed her view that no country will have to leave the eurozone, despite the fiscal and economic crisis that has rocked the 17-nation currency bloc, in comments published on Friday.
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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
-
Barack Obama To Meet Angela Merkel In Germany, Top Trade Partner And Ally
President Barack Obama is stressing a message of solidarity on his final visit to Germany - a top trade partner, key President Barack Obama and home to thousands of American troops, as well as a nation critical to solving Europe's migrant crisis and debt woes.
-
Angela Merkel Named TIME's 'Person of the Year 2015', Baghdadi Second
Time magazine today named German Chancellor Angela Merkel as its "Person of the Year 2015," hailing her leadership for navigating debt and refugee crises that threatened to tear the European Union apart.
-
Greece Says Cannot Handle Migrants; UNHCR Calls Crisis 'Shameful'
Greek Prime Minister Alexis Tsipras asked Europe to help in handling tens of thousands of refugees coming in from Syria, Afghanistan and other war zones, saying on Friday his cash-strapped country could not deal with them alone.
-
Debt Conundrum Set to Keep Greek Banks in Months-Long Freeze
Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe.
-
Europe Demands New Greek Debt Plan at Crisis Summit
Tsipras will face his 18 eurozone counterparts in Brussels as the country's economy gasps for air, with banks closed until at least Thursday amid fears the Greek banking system is imploding.
-
Greece Defies Europe With Overwhelming Referendum 'No'
Greece overwhelmingly rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country's euro zone membership into further doubt and deepening a standoff with lenders.
-
Europe Tensely Awaits Greek Voters' Bailout Decision
After months of fruitless talks with its creditors, Greece's dramatic bid to place a bailout decision in the hands of its people will have an impact far beyond the heavily-indebted country's borders, analysts warn.
-
Few Signs of Global Market Panic As Greece Nears Default
There was little evidence of panic, however, with investors pointing to Europe's improved ability to fight financial contagion since the height of the euro debt crisis in 2011.
-
Europe's Bankers Press Pause Not Panic Over Greece
Euro zone stocks remained well ahead of where they were at the start of the year before the European Central Bank (ECB) started printing money, and while government borrowing costs shot up in Europe's indebted southern countries - Italy, Spain and Portugal - they remained well below the heights scaled at the peak of the crisis in 2011/2012.
-
In Europe, China Premier Pledges to Hold on to Eurozone Debt
China promised the European Union on Monday it would hold on to its Eurozone debt, Chinese state media reported, saying the Greek debt crisis was Beijing's problem too.
-
Europe Closes in on Greece Debt Deal
Eurozone leaders said they hoped to finally seal a Greek bailout deal this week to save Athens from default and a possible exit from the euro, but Germany warned that more hard work was needed.
-
As Barack Obama Visits Asia, Old Alliances Face New Strains in Face of China's Influence
In November 2011, with the Arab Spring uprisings in full tilt and Europe rocked by a debt crisis, President Barack Obama flew to Asia to promote a shift of America's military, diplomatic and business assets to the region. His then Secretary of State, Hillary Clinton, declared in the same year that the 21st century would be "America's Pacific centur...
-
Data protection norms in Europe may hurt India's IT sector: Nasscom
Even as outsourcing demand from Europe revives after the debt crisis, data protection regulations in the region governing trans-border data flows could hurt India's $108-billion IT-ITeS industry, sectoral body Nasscom said on Sunday.
-
No country will have to leave the Euro: German Chancellor Angela Merkel
German Chancellor Angela Merkel stressed her view that no country will have to leave the eurozone, despite the fiscal and economic crisis that has rocked the 17-nation currency bloc, in comments published on Friday.
