G8 in favor of balance
Source: Agencies |
May 21, 2012, Monday
|
Print Edition
Print Edition
WORLD leaders backed keeping Greece in the eurozone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis.
The G8 summit came down solidly in favor of a push to balance European austerity - an approach long driven by German Chancellor Angela Merkel - with a new dose of US-style stimulus seen as vital to healing ailing eurozone economies.
The G8 summit came down solidly in favor of a push to balance European austerity - an approach long driven by German Chancellor Angela Merkel - with a new dose of US-style stimulus seen as vital to healing ailing eurozone economies.
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