Sentences with phrase «eurozone leaders in»

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

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But Italy's current debt load is quite high, and the country's leaders surely won't relish the opportunity of going into the next recession as the weakest and most indebted in the eurozone.
Speaking in Berlin after meeting with members of the center - left Social Democratic Party, Jeroen Dijsselbloem of the Netherlands, the leader of the eurozone finance ministers, criticized Mr. Schäuble for raising the suggestion of a Greek exit.
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.
Monti is on a persuasion mission among the leaders of the eurozone to push for more drastic strategies that could be more effective in fighting the crisis.
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».
AMY GOODMAN: Meanwhile, the leaders of Germany and France said Greece would not receive another cent in European aid until it decides whether it wants to stay in the eurozone.
The dramatic developments overshadowed the G20 summit of world leaders in the French resort of Cannes, where President Barack Obama implored European leaders to swiftly work out a eurozone plan to deal with the continent's crisis, which threatens to push the world back into recession.
Mr Monti might have succeeded in shifting leaders» thinking of what was happening politically and economically in the eurozone.
The EURO STOXX 50 Index, Europe's leading Blue - chip index for the Eurozone, provides a Blue - chip representation of supersector leaders in the Eurozone.
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.
However, the EU's determination to stabilise the Eurozone as the Greek debt crisis deepened in 2011 with the treaty - based «Fiscal Compact» caused an early rift, not only with Merkel and other EU leaders but also with his Liberal Democrat coalition partners.
So, ahead of a critical two - day summit in which Europe's leaders will come up with a plan to solve the eurozone crisis, the pressure will be on him to tackle the issue in a way which doesn't compromise his own party's fractured views.
If the eurozone goes down in flames and the UK economy gets singed in the process, it will only serve to increase the likelihood that prime minister Cameron may join the list of European leaders punished for being in the wrong place at the wrong time.
Lib Dem leader argues that it is not in Britain's best interests to exploit the eurozone crisis to win back powers from Brussels
George Osborne has called on leaders to «get a grip» of the growing eurozone debt crisis, warning that events could be «as damaging» as those in 2008.
It is a very, very dangerous time... What we have seen is the inability of political leaders in the eurozone to put short - term politics aside and do what's right.
David Cameron is in Chicago ahead of this weekend's NATO summit, busy meeting Francois Hollande and other world leaders to jolly well sort out the eurozone.
It is perfectly reasonable that he wishes to postpone any action on the EU question at present, as he describes the European leaders as preoccupied with «fighting the fire» in the eurozone, but it would be in Cameron's interest to slide off the fence in this instance, or to stop leaping back and forth over it, in order to allow a focused, informed debate to develop, without eurosceptics and europhiles alike having to second - guess his every future decision on the subject.
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:
He is advising European leaders to: reassess the current plan in Greece - which will reportedly see its debt at 120 per cent of its GDP by 2020 -; recapitalise banks in struggling eurozone economies; and allow the European Central Bank to buy bonds from distressed countries.
June 28, 2012 • European Union leaders meet in Brussels for their latest summit aimed at saving the eurozone from financial meltdown.
June 29, 2012 • European leaders worked through the night at a summit in Brussels aimed at tackling the eurozone's worsening debt crisis.
While European Union leaders meet in Brussels today on bulwarking «a firewall» to the eurozone crisis, Skate's Global More...
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