Sentences with phrase «with eurozone leaders»

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

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

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.

Not exact matches

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.

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 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.

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.

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.

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.