Monday, May 10, 2010

Debt Aid Package for Europe Took Nudge From Washington

PARIS — President Obama had just flown into Hampton, Va., Sunday morning to deliver a commencement address. But before he donned his silky academic robes, he was on the phone with Chancellor Angela Merkel of Germany, offering urgent advice — and some not so subtle prodding — that Europe needed to try something big.

A Trillion for Europe, With Doubts Attached

To stave off Greek debt crisis, euro zone unveils its own TARP


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