Latest News From Around The World
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The New York Times
Stocks in Asia and Euro Drop on Worries About Greece's Debt
Asian stocks and the euro fell on Monday on renewed concerns over Greece's debt problems before a euro zone summit.
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San Francisco Chronicle
Asia stocks drop as Greek crisis, India hike weigh
Asian stock markets fell Monday as worries about Greece's debt crisis and India's sudden interest rate hike rattled investors. Major indexes were down as much as 2 percent after selling hit U.S. and European markets on Friday. Oil prices fell toward
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Business Week
Merkel Tells Investors Not to Expect Greek Aid Pact This Week
German Chancellor Angela Merkel told investors they shouldn’t expect this week’s European Union summit to agree on any aid package for Greece.
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Business Week
Deutsche Telekom, Pernod Brace for Deeper Greece, Spain Slump
Deutsche Telekom AG, Pernod Ricard SA and Lafarge SA are among companies bracing for shrinking demand as Greece, Spain, Portugal and Ireland tighten their belts to slash budget deficits.
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The Financial Times
Germans oppose Greek aid, poll shows
Fierce German resistance to helping crisis-hit Greece has emerged in a Financial Times opinion poll that strengthens the hand of Angela Merkel, the chancellor, hand before a possible European showdown this week over financial aid for Athens
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The New York Times
Rift in E.U. Widens Over Importance of Greek Aid
Chancellor Angela Merkel of Germany said that Greece should solve its own problems, ahead of a summit meeting scheduled for Thursday.
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The Guardian
Germany: a euro laggard | Costas Lapavitsas
The eurozone's largest economy is also to blame for the crisis, despite its moral posturing
The crisis facing the eurozone looks at first sight as German efficiency clashing with Portuguese, Irish, Greek and Spanish slopp
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The Financial Times
Athens crisis highlights pressure on Merkel
German resistance towards financial aid for Athens highlights the pressure facing Angela Merkel, the German chancellor, as Greece lobbies for European help with its fiscal difficulties
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