Tag Archives | herman van rompuy

Russia Pledges $10 Billion in Eurozone Aid

Russia says it is ready to commit more than $10 billion to the International Monetary Fund to help support the struggling eurozone economy. President Dmitry Medvedev made the pledge Thursday in Brussels during the biannual EU-Russia summit. “We will abide by all the commitments being the participant of the International Monetary Fund, and we are […]

It’s the European economy, stupid: US recovery hangs on solving debt crisis

A year ago most US politicians’ interest in Greek spreads was confined to the relative merits of hummus and taramasalata. These days they are hot debate topics alongside Italian bond yields and a host of European financial arcana. The reason? It’s the economy, stupid. As the fragile US economy continues to rise slowly out of […]