Greek Parliament Resumes Negotiations on Savings Plan
The Greek parliament resumed the details regarding the savings program that was approved last Wednesday. However thousands of demonstrators took the streets to complaint...
Greek Parliament Approves Austerity Plan
Today the Greek parliament approved the austerity plan demanded by the European Union and the IMF that seeks alternative help methods. The Prime Minister...
Mercosur Members aim to Reduce Poverty and Avoid Foreign Products
In the Mercosur Summit 41, held today in Asuncion, its member countries celebrated the economic growth in the region last year, pledging to "encourage economic development...
Christine Lagarde is the New Director of IMF
The head of the French economy, Christine Lagarde would assume the charge as the director of the International Monetary Fund (IMF) on July 5....
Bananera Noboa Rejects to File Litigation
Yesterday morning, the representative of Banana Noboa, Fernando Alarcon revealed the decision of the Constitutional Court to stop their proceedings against the Internal Revenue...
France Develops a New Plan to Aid Greece
French President Nicolas Sarkozy said on Monday that France was working with private lenders on a new rescue plan for debt-ridden Greece that will...
