Posts Tagged ‘debt crisis in Europe’

The EU summit: failed or not?

Friday, December 9, 2011 Comments off

Laaska news  Dec. 9, 2011
Chernitsa Polina
The first day of the EU summit to approve a change in the Lisbon Treaty has brought no breakthrough as the bloc`s 27 members failed to agree on the issue. The reform was vetoed by Great Britain. Meanwhile, the participants Read more…

France:G20 summit ends in Cannes

Friday, November 4, 2011 Comments off

Laaska News  Nov. 4 ,2011


Photo: EPA

According to reports from Cannes, a draft closing paper from the summit of the G-20 contains directives to drop protectionism, balance currency rates, bolster national markets, create jobs and carry out far-going structural reforms. The US is also advised to reduce its sovereign debt. Read more…