Tuesday 14 May 2024
 
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Greek default

Europe plans new steps to battle crisis

European policymakers showed signs they were preparing new steps to cope with the region's debt crisis even as talk of a possible Greek default gained pace on Friday. World stock markets, which had plunged to a 14-month low on fears th

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US alarmed as Greek default talk grows

German Chancellor Angela Merkel sought on Tuesday to quash talk of an imminent Greek default as the US voiced fresh concern at the euro zone's inability to master its debt crisis. Merkel said in radio interview that Europe was doing ev

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