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Entries Tagged ‘german chancellor angela merkel’

Obama tells EU to take decisive action on debt (Reuters)

WASHINGTON (Reuters) ? President Barack Obama pressed European Union officials on Monday to act quickly and decisively to resolve their sovereign debt crisis, which the White House said was weighing on the American economy. After meeting European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso, Obama said he was keen to [...]

France, Germany near rescue fund deal: paper (Reuters)

NEW YORK (Reuters) ? Britain’s Guardian newspaper reported on Tuesday that France and Germany had agreed to boost a euro zone financial rescue fund to two trillion euros ($2.76 trillion), pushing U.S. stocks and the euro higher despite doubts about whether there was such an agreement. A senior euro zone source told Reuters there had [...]