French President Nicolas Sarkozy promised on Sunday (7 March) that eurozone countries would help Greece if its financial problems worsened. Meanwhile, German Finance Minister Wolfgang Schaeuble said he plans to make proposals soon on a new European institution to help ensure the stability of the euro zone.
submitted by
EurActiv on 8th Mar 2010 (via euractiv.com)
Following yesterday’s phone conference with Greek Prime Minister George Papandreou, French President Nicolas Sarkozy and German Chancellor Angela Merkel said in a joint statement that they were “convinced that the future of Greece is in the euro area”, in a further bid to dismiss talk of Greece being forced to leave the eurozone.
submitted by
OpenEurope on 15th Sep 2011 (via openeurope.org.uk)
Following a tense meeting yesterday with German Chancellor Angela Merkel and French President Nicolas Sarkozy, Greek Prime Minister George Papandreou confirmed that the referendum he surprisingly announced on Monday would effectively decide on whether Greece would remain in the eurozone.
submitted by
OpenEurope on 4th Nov 2011 (via openeurope.org.uk)
Eurozone finance ministers approved a €110bn package of emergency loans for Greece on Sunday, €80bn of which will be provided by eurozone countries, and the rest from the IMF. The loans will be co-ordinated by the European Commission, with up to €30bn of the eurozone loans available in the first year.
submitted by
OpenEurope on 4th May 2010 (via openeurope.org.uk)
Eurozone finance ministers approved a €110bn package of emergency loans aimed at averting a sovereign default by Greece and preventing a confidence crisis spreading to countries such as Spain and Portugal
submitted by
FT on 2nd May 2010 (via traxfer.ft.com)
Eurozone finance ministers yesterday agreed on a €30bn loan commitment to Greece over the next year to help manage its debt crisis, as part of a three-year commitment, with the IMF potentially providing another €15 billion. Greece has not yet asked for the loans, but if put into action the agreement would be the biggest multilateral financial rescue ever attempted.
submitted by
OpenEurope on 12th Apr 2010 (via openeurope.org.uk)
EUROZONE finance chiefs signalled yesterday that they were prepared to centralise national economies in a landmark decision to save Greece.
submitted by
Scotsman on 13th Feb 2010 (via news.scotsman.com)
Following yesterday’s meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy, the WSJ reports that the two agreed that Europe needs more integrated “economic government”. Nicolas Sarkozy accepted Germany’s calls for strengthened economic governance to take place at the level of all 27 member states, not just the eurozone countries.
submitted by
OpenEurope on 15th Jun 2010 (via openeurope.org.uk)
French President Nicolas Sarkozy deems "interesting" a Dutch proposal to empower a European Commissioner with the task of enforcing budget discipline in the euro area, the Elysee Palace said Monday (17 October). More »
Greece will receive no bailout money until it decides whether it wants to stay in the eurozone or not, German Chancellor Angela Merkel and French President Nicolas Sarkozy told embattled Greek Prime Minister George Papandreou last night (2 November). More »
Greece has been told to pull its socks up and sort out its problems by one of the EU's longest-serving politicians, Luxembourg's Prime Minister and chairman of the eurozone's finance ministers, Jean-Claude Juncker. There's been lots of speculation about the eurozone flying apart, or at least the weaker members being forced out. I am pretty certain the eurozone countries would m...
