Sentences with phrase «of eurozone leaders»

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.

Not exact matches

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.

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.

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.

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.

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.

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.

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.

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.

The prime minister's comments came after an informal summit of EU leaders over dinner failed to reach concrete conclusions on how to address concerns about Greece's future and high borrowing rates for other struggling eurozone countries.

The IMF is warning of a «lost decade», EU leaders are contemplating a two - tier eurozone and markets remain deeply concerned by Italy and Greece's ability to finance their debt.

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.

Just to give you an example, when Greece wanted to leave the Eurozone (just the currency), but keep being a member of EU, The EU leaders said that this not possible.

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.

Leader of Irish opposition says EU should introduce US - style fiscal stimulus plan across Europe to end eurozone crisis

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.

And I do not believe that the EU's leaders will seriously tell German exporters, French farmers, Spanish fishermen, the young unemployed of the Eurozone, and millions of others, that they want to make them poorer, just to punish Britain and make a political point.

And it's thanks to the leadership of someone else here today that we have kept Britain out of the eurozone bailout of Greece, and out of their permanent bailout fund - our Prime Minister, the country's leader, David Cameron.

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.