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Monday, October 13, 2014

Worries about economy hang over meeting of finance ministers from euro currency union

by  Associated Press Finance ministers wrestle over deficits, growth by The Associated Press, Associated Press - 13 October 2014 10:20-04:00 Eurozone finance ministers are debating what to do about Europe's shaky growth prospects and reviewing Greece's plans to make an early exit from its bailout. Ministers from the 18 countries that use the euro met Monday in Luxembourg in the wake of international financial meetings in Washington, where Europe's troubles had many concerned. Germany is resisting pressure to increase government spending to help growth. Meanwhile, governments are debating how to come up with more investment spending, and how to push countries like France and Italy to make their economies more business friendly. The group will also review Greece's progress meeting conditions of its 240 billion-euro bailout. Prime Minister Antonis Samaras has said he wants to stop taking bailout loan money ahead of schedule and borrow normally on bond markets. News Topics: Business, General news, Economy People, Places and Companies: Antonis Samaras, Europe Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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