Prime Minister George Papandreou said Sunday that Greece had reached an agreement with the International Monetary Fund and the European Union on a long-delayed rescue package that is expected to be worth as much as €120 billion. The deal aims to help the country avoid debt default and prevent economic contagion from spreading throughout the [...]
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PARIS — President Obama’s decision to skip a United States-European Union summit meeting scheduled for Madrid in May has predictably upset European officials, who suggested Tuesday that the summit meeting itself would now be postponed, possibly to the autumn. In addition to the palpable sense of insult among European officials, there is a growing concern that [...] |
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