Sentences with phrase «eurozone leaders»

Papandreou addressed a press conference following a crisis meeting with eurozone leaders in Cannes.

Greece was «set up» by eurozone leaders in dealings to address the economic crisis, Varoufakis later told the New Statesman, adding Germany was responsible for the view of the Eurogroup.

Tsipras has also insisted that debt relief must form an important part of the package, but a statement by Eurozone leaders on Monday said only that further measures might be taken provided Greece adhered in full to the reforms demanded by its creditors.

This was the paper sent to eurozone finance ministers on Saturday and formed the basis for the bailout agreement signed off by eurozone leaders on Monday morning, she said.

After a number of surprising twists, the recent Greek drama finally took an expected turn Monday, with news that Greece and its creditors struck a tentative deal — $ 96 billion USD in aid from Eurozone leaders in exchange for tough austerity measure — that would seemingly avoid a Greek exit from the euro currency.

He tells broadcasters that if eurozone leaders don't address the crisis properly we will see a meltdown as soon as later this month.

After 15 hours of talks that stretched through Sunday night and into Monday, Greece walked away from the emergency summit of Eurozone leaders with a «compromise» bailout package.

Putting into question the fund's involvement in the bailout, the report paints a far darker picture of Greece's public finances than that contained in the blueprint released at the end of the marathon eurozone leaders» summit on Monday.

Meanwhile, debt troubles continue to plague Greece and, to a lesser extent Spain, with Eurozone leaders divided over appropriate action.

She was speaking after Eurozone leaders agreed to give Greece a third bailout package of up to $ 86bn over the next three years, in exchange for further austerity and reforms.

The prime minister repeatedly insisted he would look to secure «safeguards» protecting Britain's financial services sector whenthe EU's eurozone leaders bring forward proposals to solve the eurozone crisis at the end of this week.

At the G20 summit in Cannes earlier this month relations between eurozone leaders became even more frayed after the then Greek prime minister unveiled a surprise referendum on austerity measures an impending bailout was contingent upon, while new rifts appeared between the UK and French / German leadership on the best response to the crisis.

Eurozone leaders recently decided that the ESM should expand its powers and provide direct aid to banks.

After a number of surprising twists, the recent Greek drama finally took an expected turn Monday, with news that Greece and its creditors struck a tentative deal — $ 96 billion in aid from Eurozone leaders in exchange for tough austerity measures — that would seemingly avoid a Greek exit from the euro currency.

The deal, agreed to on Monday after 17 hours of talks with eurozone leaders, contains tough conditions including pension cuts, tax increases and the movement of public assets into a trust fund to pay for the recapitalisation of Greek banks.

European stock markets surged almost 2 % while Wall Street jumped more than 1 % after a breakthrough came early on Monday when Donald Tusk, president of the European council, announced that the 19 eurozone leaders had unanimously reached agreement to keep Greece in the single currency, adding that Athens had signed up to «serious reforms».

Then on Tuesday, eurozone leaders will debate the crisis at an emergency summit.

Some eurozone leaders have even stated as much.

David Cameron is pressuring Angela Merkel over Germany's resistance to eurobonds, after making clear he is not putting all the responsibility for fixing the eurozone crisis «on one eurozone leader».

Eurozone leaders have done little to reassure investors in other troubled parts of the single currency.

Chancellor George Osborne responds to the news that the eurozone leaders have established a new financial rescue package, telling the Today programme.

Labour's shadow chancellor Ed Balls responds to the news that the eurozone leaders have established a new financial rescue package in the Independent newspaper: