The European Union dropped hints that a summit this week will offer an aid
package to financially- stricken Greece as officials seek to prevent its
budgetary woes from eroding confidence in the euro. "We are talking about
support in the broad sense," Olli Rehn, the EU's new economic
“We are talking about support in the broad sense,” Olli Rehn , the EU’s new
economic affairs commissioner, said in an interview in Strasbourg, France
today. Michael Meister , financial affairs spokesman for German Chancellor
Angela Merkel ’s Christian Democratic Union, said in an
European exchanges moved ahead Tuesday on improved prospects for European Union
intervention to ease a crippling debt and deficit crisis in Greece. Greece's
European partners are under pressure to approve a financial aid mechanism for
Athens and are to convene at a summit Thursday in
"We are talking about support in the broad sense," Olli Rehn, the EU's new
economic affairs commissioner, said in an interview in Strasbourg, France
today. Michael Meister, financial affairs spokesman for German Chancellor
Angela Merkel's Christian Democratic Union, said in an interview in Berlin
“We are talking about support in the broad sense,” Olli Rehn , the EU’s new
economic affairs commissioner, said in an interview in Strasbourg, France
today. Michael Meister , financial affairs spokesman for German Chancellor
Angela Merkel ’s Christian Democratic Union, said in an
“We are talking about support in the broad sense,” Olli Rehn , the EU’s new
economic affairs commissioner, said in an interview in Strasbourg, France
today. Michael Meister , financial affairs spokesman for German Chancellor
Angela Merkel ’s Christian Democratic Union, said in an
“We are talking about support in the broad sense,” Olli Rehn , the EU’s new
economic affairs commissioner, said in an interview in Strasbourg, France
today. Michael Meister , financial affairs spokesman for German Chancellor
Angela Merkel ’s Christian Democratic Union, said in an
The Standard & Poor’s 500 Index rose 1.6 percent at 1:53 p.m. in New York.
The MSCI Emerging Markets Index increased 2 percent after falling 6.1 percent
in the past three sessions. Greece’s ASE Index climbed 5 percent, rebounding
from four days of losses. The euro strengthened the most
Governor Lee Seong Tae will hold the seven-day repurchase rate at 2 percent,
according to 14 of 17 economists surveyed by Bloomberg. Three expect a quarter
percentage point increase when the Bank of Korea’s board gathers at 9 a.m.
tomorrow in Seoul, the governor’s second-last meeting
Greece's European partners are under pressure to approve a financial aid
mechanism for Athens and are to convene at a summit on Friday in Brussels. The
Greek fiscal debacle is expected to figure prominently at the talks, with the
EU wanting to avoid the intervention of the International
The European Union dropped hints that a summit this week will offer an aid
package to financially- stricken Greece as officials seek to prevent its
budgetary woes from eroding confidence in the euro. "We are talking about
support in the broad sense," Olli Rehn, the EU's new economic
