‘Euro Is Sound,’ ECB’s Draghi Says as He Urges Greek Budget Cuts
European Central Bank council member Mario Draghi said the euro remained “sound” after the European Union pledged to support Greece in a bid to ease investor concern that the country may default.
Greece shouldn’t be in the 17-nation euro region if it doesn’t comply with the conditions attached to a second bailout package, Luxembourg’’ Finance Minister Luc Frieden said.
Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the roots, twists and turns of the current turmoil.