G20
Military
US to Accept 100,000 Ukrainian Refugees
The US will accept 100,000 refugees fleeing violence in Ukraine, the Biden administration announced on Thursday.
According to the UN, over 3.5 million Ukrainian refugees have fled the war in their country, making it the largest movement of refugees in...
Economy
G20 to Examine Possibility of Debt Relief for Greece
The finance ministers and central bankers of the G20 are planning to request Eurozone member states to consider a significant reduction of the Greek public debt, provided that Greece fulfills its commitments to creditors.
Ahead of the G20 meeting in...
Canada
Canadian FinMin: Reforms Diminish the Risk Greece Poses for the Eurozone
His firm belief that the regulatory and financial reforms have significantly reduced the risk Greece may pose to the entire Eurozone, expressed earlier today Canadian Finance Minister Joe Oliver. Addressing reporters on the sidelines of a Finance Ministers and...
Economy
Sapin Calls for the Safeguarding of Greece 's Funding
French Finance Minister Michel Sapin on Monday asked for the safeguarding of Greece 's funding "but within the framework of the "European rules."
"We must safeguard the funding, without which Greece will be at the mercy of whatever state of...
Australia
Stournaras to Visit Australia in February
The Greek Minister of Finances, Yiannis Stournaras is expected to visit Sydney from February 20 to February 22, in order to attend the council of the G20 Finance Ministers and Central Bank Governors.
Meanwhile, the Australian Prime Minister, Tony Abbott is currently...
Economy
Sigh of Relief at G20 Summit Over Greek Election
Leaders of the world's largest economies began to assemble Sunday in a Baja California desert resort just as Greece's pro-bailout New Democracy party won the national elections, a vote for the financial status quo that could keep panic under...
Economy
Tsipras Makes His Case to World’s Top Economies
ATHENS – Amid growing outcries that he will isolate Greece economically and force it out of the Eurozone, back to the ancient drachma and certain ruin, Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has told leaders of...
Economy
Greece’s Choice: In or Out of the Eurozone
As Greek Prime Minister George Papandreou was being cross-examined by European leaders on his stunning call for a referendum in his country on international bailout loans and the austerity measures he imposed as a condition, German and French officials...
Canada
Canada Says Greece Could Lead to Global Banking Crisis
Canada's Minister of Finance, Jim Flaherty stated on Wednesday that the eruption of global banking crisis is very possible, unless Europe properly deals with Greece's debt problems.
Jim Flaherty also said that Ministers of Finance of the 20 largest industrial...