President Obama has nominated Jeremiah Norton — a former Treasury official under Bush and current JP Morgan executive — to the Federal Deposit Insurance Corporation. The nomination could smooth over tensions with Senate Republicans who are still incensed over Obama’s recess appointment of Richard Cordray to the Consumer Financial Protection Board and could potentially filibuster a handful of ...
ATHENS - Greek Prime Minister Lucas Papademos has said he would continue intense talks with his coalition partners on austerity measures for a 130 billion-euro EU bailout plan second for Greece.
Greece and troika are locked in negotiations over further austerity and debt restructuring as global markets brace themselves for a possible disorderly default.
Critical talks on a Greek debt rescue will over-run until today, the country’s leaders said yesterday, but some ruling coalition members denounced the pressure to pass harsher austerity measures.
Greece's coalition parties must tell the EU by tomorrow whether they accept the painful terms of a new bailout deal.
Greece's coalition parties must tell the European Union by Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens over implementing reforms.
ATHENS (Reuters) - Greece's coalition parties must tell the European Union by Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens ...
Chinese Premier Wen Jiabao raised the prospect of contributing to the euro-area’s bailout programs, telling Chancellor Angela Merkel that China may be prepared to assist in resolving its debt crisis.
ATHENS (Reuters) - Greek Prime Minister Lucas Papademos faces a critical task of convincing international lenders and political party leaders on Sunday to agree to the stringent terms of a 130 billion euro rescue plan to stave off looming default. Greece on Saturday warned it had just one day left to clinch the bailout plan with political leaders and impatient lenders who accuse it of dragging ...
Greek Prime Minister Lucas Papademos faces the critical task of convincing international lenders and political-party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default.