gobierno_coalicion_grecia_s

Three Greek Parties Reach Agreement to Form a Coalition Government

Three Greek parties –Democracy, Pasok and Dimar– agreed on terms to form a new government in the country. “Greece has a government … that’s the message we need to send abroad,” said Evangelos Venizelos, from the Pasok movement. It should be...
cumbre_g20_concluye_s

G-20 Summit Concludes with the Support on Europe’s Economic Plans

The G-20 Summit ended yesterday in Los Cabos, Mexico, and it was concluded that decisive actions must be taken on confronting the crisis in the Euro Zone and the capitalization of the International Monetary Fund (IMF). “It’s an achievement that involved several months...
grecia_antonis_s

Conservative Party Wins Elections in Greece

Antonis Samaras, leader of the conservative New Democracy movement, was declared winner of the  Greek Elections yesterday, promising the Mediterranean country’s standing in the Euro Zone. The Conservative New Democracy movement (ND) was the most voted party in the Greek...
cumbre_g20_s

Eurozone will be the Main Topic in the G-20 Summit at Mexico

Next June 18 on Monday, the G-20 Summit will be held at Los Cabos, Mexico, in which it will be discussed several European issues of extreme importance, including the Euro Zone. The Euro Zone has “three months” to convince its trading partners, warned this week the...
Europa

Eurozone Unemployment Reaches its Highest

Unemployment in the area of 17 countries rose to 10.8% in February, as economists polled by Reuters expected, a figure that can be compared with the 10.7% seen in January, said on Monday the statistics agency Eurostat. “We hope to continue rising until we reach 11% later this...

Greece Agrees with The ‘Troika’ Cutting Additional 325 million for the Second Rescue

Greece and its international private creditors have agreed to cut within the severe austerity plan, the 325 million extra euro that were one of the latest requirements for receiving the second bailout of 130,000 million euros, after the repeated European postponements to that...

Greek Parliament Approves Austeriy Measures

Amid clashes in Greece, the lawmakers voted early Monday to approve another period of austerity measures in return for a new eurozone bailout of the debt-stricken country. While the lawmakers debated, police officers repressed the demonstrations with tear gas and stun grenades...

China Is “Considering” Helping Eurozone

Premier Wen Jiabao informed the press that China is “considering” contributing to the eurozone rescue pledge. However, Wen did not make any firm commitment to assist during his news briefing with visiting German Chancellor Angela Merkel. “China is considering greater...
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