PARIS/ATHENS (Reuters) – Support is gaining ground in the euro zone for giving Greece more time to pay back its EU bailout to avoid default and ease the worst-indebted EU state’s debt burden, although details still have to be pinned down.
DAVOS, Switzerland, Jan 29 (Reuters) – Tunisia’s new
government sent a high-level delegation to Davos on Saturday
with a message to the world’s business and power elite: please
stay in our economy and keep out of our politics.
DAVOS, Switzerland, Jan 29 (Reuters) – European policymakers
and international bankers at the Davos forum said on Saturday
the euro zone’s debt crisis had turned a corner and any doubt
about the survival of the single currency area had passed.
DAVOS, Switzerland, Jan 28 (Reuters) – European Union
officials are considering extending euro zone bailout loans to
Greece and Ireland to 30 years in a bid to draw a line under the
bloc’s debt crisis, two euro zone sources said on Friday.
BERLIN/DAVOS, Jan 28 (Reuters) – Europe signalled increased
urgency on the eurozone crisis on Friday with the possibility of
a special summit sooner than expected, while Germany aired the
reforms it might want in exchange for more emergency support.
DAVOS, Switzerland (Reuters) – Europe’s rescue fund should be increased in size if needed to tackle the region’s debt crisis, and could be retooled so that it can buy bonds, French Economy Minister Christine Lagarde said on Friday.
DAVOS, Switzerland, Jan 28 (Reuters) – Greek Finance
Minister George Papaconstantinou said on Friday that allowing
the country to buy back government bonds at a discount on the
market was worth considering but would require funding.
DAVOS, Switzerland (Reuters) – French President Nicolas Sarkozy clashed with the chief executive of U.S. investment bank JP Morgan Chase at the Davos forum on Thursday, telling him bankers had done things which defied common sense.