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Showing posts with label current financial crisis. Show all posts
Showing posts with label current financial crisis. Show all posts

12/13/2011

With Britain a holdout, European nations see a path out of debt crisis

Working almost to exhaustion and persuading countries one by one, European leaders agreed Friday to redefine their continent _ hoping that by joining their fiscal fortunes they might stop a crippling debt crisis, save the euro currency and prevent worldwide economic chaos.

9/19/2011

G20 will not issue communique on crisis: sources

(Reuters) - The Group of 20 leading economies will not issue a communique on the current financial crisis and the global economy after their meetings in Washington next week, Western G20 sources said on Friday.

G20 finance ministers and central bankers will discuss global economic woes at a dinner on Thursday, September 22, but are not planning a statement afterward, said the sources, speaking on condition of anonymity.