Angela Merkel, Europe Debt | featured news

angela merkel, europe debt
(Image from article: "Europe Struggles for Remedy to Euro-Zone Crisis as 'Final Package' Fizzles")

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Europe struggles to contain Greek debt crisis as Merkel says progress being made

German Chancellor Angela Merkel sought Tuesday to calm market fears that Greece is heading for a chaotic default as Europe struggles to contain a crippling financial crisis. Merkel rejected the notion that a Greek bankruptcy — a possibility raised a day earlier by her deputy that spooked markets — would provide a quick solution to the eurozone debt crisis.

 

Obama and Merkel vow action on global economic woes

U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.

 

Obama says Europe's debt crisis must be contained

President Barack Obama said on Tuesday that he and German Chancellor Angela Merkel agreed that Europe's debt crisis must be contained.

 

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