Similar Stories to G7 Finance Ministers, Central Bankers Meet In Dresden on Bing News

Dresden (Germany) (AFP) - Finance ministers and central bank governors of the Group of Seven wealthiest nations gathered in Dresden Thursday to discuss the global economy and tax evasion, but the Greek crisis was also high on everyone's minds. German Finance Minister Wolfgang Schaeuble and his counterparts from Britain, Canada, France, Italy, Japan and the United States began the three-day meeting with a short ceremony on Wednesday evening in Dresden's rebuilt Frauenkirche, before they were scheduled to get down to the nitty gritty of talks on Thursday.The Frauenkirche church was almost totally destroyed in the bombing of Dresden by the British and US allies during World War II and the remaining ruins were left as a war memorial for more than 50 years.But it was painstakingly rebuilt following German unification and finally reconsecrated in 2005.Germany currently holds the rotating G7 presidency and has been at pains to stress that the Greek crisis is not officially on the agenda.Berlin insists that the G7 is not the correct forum for the Greek dossier, not least because Athens itself is not represented. But with all of the other key actors present -- notably International Monetary Fund chief Christine Lagarde, Eurogroup president Jeroen Dijsselbloem, European Central Bank chief Mario Draghi and EU monetary affairs commissioner Pierre Moscovici -- it would be illusory to believe that the subject will not be broached.Furthermore, Athens had proclaimed earlier that it was close to a loan deal with its creditors that would unlock badly-needed bailout loans for its struggling economy.- Not much progress -Nevertheless, G7 host Schaeuble denied there had been any new significant breakthroughs. Discussions "have not really progressed much further," he told ARD German public television on Wednesday evening, adding that he was "also a bit surprised that Athens is always saying that a deal is imminent."But it is not just the Europeans who insist that Greece's fate in the eurozone is a matter of urgency.

More Business News

Over 100 far-right militias are coordinating on Facebook
Ars Technica, Friday - 05/03/2024 - 09:40 AM
Enlarge (credit: NurPhoto via Getty) “Join Your Local Militia or III% Patriot Group,” a post urged the more than 650 members of a Facebook group called the Free American Army. Accompanied by the logo for the Three Percenters militia network and an image of a man in tactical gear holding a long rifle, the post continues: “Now more than ever.
More | Talk | Read It Later | Share
What’s happening at Tesla? Here’s what experts think.
Ars Technica, Friday - 05/03/2024 - 09:33 AM
Enlarge (credit: Aurich Lawson | Getty Images | Beata Zawrzel) No car company in recent years has been able to generate more news headlines than Tesla. Its original founders were among the very first to realize that lithium-ion laptop cells were just about good enough to power a car, assuming you put enough of them in a pack, and with critical funding from current CEO Elon Musk, the company was able to kick-start an electric vehicle revolution.
More | Talk | Read It Later | Share
His Texas ranch is littered with a century of oil and gas waste. He’s fighting back
Fast Company, Friday - 05/03/2024 - 08:00 AM
For one West Texas rancher, the rampant orphaned wells have become both a mission and an existential threat. Dressed in a dark plaid button down and jeans with a rodeo belt buckle, Schuyler Wight arrived in Austin once again to ride herd on the Railroad Commission of Texas, the agency that regulates the state’s vast oil and gas industry.
More | Talk | Read It Later | Share
Mini Settlers is a city builder that you can both enjoy and actually put down
Ars Technica, Friday - 05/03/2024 - 07:37 AM
Enlarge / Are you enticed by this kind of orderly madness with a clean graphical layout? Then I suggest you… settle in. (credit: Goblinz Studio) You can't buy Mini Settlers right now, but I think you should play the free "Prologue" demo and wishlist the full game if you dig it.
More | Talk | Read It Later | Share
Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad
Ars Technica, Friday - 05/03/2024 - 07:00 AM
Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astroscale) Welcome to Edition 6.42 of the Rocket Report! Several major missions are set for launch in the next few months. These include the first crew flight on Boeing's Starliner spacecraft, set for liftoff on May 6, and the next test flight of SpaceX's Starship rocket, which could happen before the end of May.
More | Talk | Read It Later | Share
How first-time CEOs can conquer the 5 types of imposter syndrome
Fast Company, Friday - 05/03/2024 - 07:00 AM
You’ve got enough on your plate as a new leader, says this executive coach. Here’s how to manage your Imposter syndrome and gain the confidence you need. Too many first-time CEOs are obsessed by their own, somewhat paranoid, perception that stops them from being able to do the job well: lack of experience, knowledge, credibility, etc.
More | Talk | Read It Later | Share

Similar Stories to G7 Finance Ministers, Central Bankers Meet In Dresden on Bing News

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News