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Europe Acts Swiftly on Long-Delayed Greek Bailout.
- Source :
-
New York Times . 4/30/2010, Vol. 159 Issue 55026, p8. 0p. - Publication Year :
- 2010
-
Abstract
- BERLIN -- European leaders raced Thursday to complete their part of a long-delayed financial rescue package for Greece, hoping to head off a chain reaction against other heavily indebted European nations that could turn into a financial meltdown across the continent. After balking for months at bailing out the Greek economy, leaders in Germany attacked the crisis with a newfound urgency. One day after Chancellor Angela Merkel declared her support for swift action, opposition parties in Berlin signaled a willingness to move quickly on legislation to send billions in loans to Athens before it needs to repay bondholders more than $10 billion on May 19. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *LOANS
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 159
- Issue :
- 55026
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 49792469