Topic: Business
Tories vow to introduce banking tax
AFP European Edition
The Conservatives pledged Saturday to impose a US-style tax on banks to claw back money spent bailing them out, just weeks before a general election they are tipped to win. "We had the biggest bank bail-out in the world. We can't just carry on as if nothing happened," said ...
Schaeuble says any EU aid would be for "most extreme" cases
Reuters US Online Report Business News
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said only the most extreme circumstances could justify a bailout of a European Union state from within the union, and any such aid would have to be delivered bilaterally. Responding to comments from European Commission President Jose Manuel Barroso about coordinated help for ...
DR Congo could win debt relief deal by June: IMF
Reuters US Online Report World News
KINSHASA (Reuters) - Democratic Republic of Congo could win a deal to wipe out the bulk of its $11 billion debt in time for June celebrations marking 50 years of independence, the International Monetary Fund said on Saturday. President Joseph Kabila has sought to step up the pace of the reforms ...
Greek leader warns Berlin that EU at risk if no aid
AFP Global Edition
Greek Prime Minister George Papandreou implicitly criticised Germany on Saturday for opposing efforts to help his country out of its fiscal crisis, warning they risked destabilising the EU. "We have struggled for years to build a strong Europe, economically stable and with social solidarity," Papandreou said at a meeting of ...
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