AlHijjah 8, 1432, Nov 4, 2011, SPA -- Italy has agreed to have the IMF and the EU monitor its progress in meeting targets on pension, labour and structural reforms that were agreed with EU leaders last week, Reuters quoted a senior EU source as (...)
AlHijjah 8, 1432, Nov 4, 2011, SPA -- President Barack Obama is stepping into the limelight after a day of economic summitry focused on Europe, according to AP.
After the Group of 20 economic summit wraps up in Cannes, France, on Friday afternoon, (...)
AlHijjah 8, 1432, Nov 4, 2011, SPA -- Governments from the Group of 20 major rich and emerging economies have signed an agreement to work together to combat cross-border tax evasion, according to AP.
The G20 governments on Friday marked the formal (...)
AlHijjah 8, 1432, Nov 4, 2011, SPA -- Leaders of the Group of 20 (G20) major economies agreed that the International Monetary Fund (IMF) should create a new loan facility to help countries facing liquidity crises, dpa quoted diplomats at the G20 (...)
AlHijjah 8, 1432, Nov 4, 2011, SPA -- Dr. Ibrahim bin Abdulaziz Al-Assaf, Minister of Finance and head of the Kingdom of Saudi Arabia's delegation to the G20, said that Saudi Arabia has the capabilities to cope with any negative impact on its (...)
AlHijjah 8, 1432, Nov 4, 2011, SPA -- A proposal for a financial transaction tax to raise new new funding for poor countries failed to win the backing of the G20 although France President Nicolas Sarkozy said he planned to still pursue the idea, (...)
AlHijjah 7, 1432, Nov 3, 2011, SPA -- The eurozone is ready to let Greece leave
the single currency if the country rejects its European Union-led
bailout in a referendum, dpa quoted France's EU Affairs Minister Jean Leonetti
as saying (...)
AlHijjah 7, 1432, Nov 3, 2011, SPA -- US President Barack Obama is to take part in eurozone debt crisis discussions on the sidelines of a Group of 20 (G20) major economies summit in Cannes, France, dpa quoted EU officials as saying on (...)
AlHijjah 7, 1432, Nov 3, 2011, SPA -- United States President Barack Obama
arrived in the French town of Cannes for a meeting with French
President Nicolas Sarkozy, host of a two-day summit of the Group of
20 (G20) major economies that was due to (...)
AlHijjah 7, 1432, Nov 3, 2011, SPA -- A eurozone crisis meeting took placeThursday ahead of the start of a two-day Group of 20 (G20) summit inCannes, but European Union leaders scrapped a planned post-meetingpress conference after their talks ran (...)
AlHijjah 7, 1432, Nov 3, 2011, SPA -- A two-day G-20 summit meeting started in this French coastal city of Cannes to discuss the eurozone crisis and world economy recess.
The G-20th sixth meeting aims at restoring confidence through a plan forged (...)
AlHijjah 7, 1432, Nov 3, 2011, SPA -- Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf led the Saudi delegation to the summit of the Group of Twenty taking place here today.
Al-Assaf was received at the Elyse Palace today by French President (...)
AlHijjah 7, 1432, Nov 3, 2011, SPA -- Minister of Finance Dr. Ibrahim bin Ibrahim Al-Assaf who is leading Saudi delegation to the Group of Twenty Summit (G20) stressed the Kingdom's effective standing contribution to maintain the balance in the (...)
AlHijjah 6, 1432, Nov 2, 2011, SPA -- Germany and France told Greece on Wednesday to make up its mind fast whether it wants to stay in the euro zone after a shock decision to call a referendum on a 130 billion euro ($178 billion) bailout sparked (...)