News for 'georges-papandreou'

Sarkozy, Merkel reject calls for orderly insolvency of Greece

Sarkozy, Merkel reject calls for orderly insolvency of Greece

Rediff.com15 Sep 2011

The Euro Zone heads of state and government had agreed at that meeting to expand the group's financial bailout fund from the present level of Euro 440 billion to around Euro 750 billion and to give new powers to the fund to buy sovereign bonds of cash-strapped member nations and to intervene much early to avert a debt crisis.

Fresh Euro turmoil: Mekel, Sarkozy call emergency meet

Fresh Euro turmoil: Mekel, Sarkozy call emergency meet

Rediff.com2 Nov 2011

The two leaders hurriedly organised a meeting ahead of the G-20 summit on Tuesday amid concern that the euro zone is heading for a long period of uncertainty and if the Greek voters rejected the rescue package, it will have far-reaching consequences for the stability of the euro and the nations using the single currency.

What looms for Greece after referendum

What looms for Greece after referendum

Rediff.com4 Jul 2015

Euro zone policymakers have openly spoken out in favour of a 'yes' vote