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Wednesday, 10 June 2015

Deepening Greek Economic Crisis Affects G7 Mood

Greek debt crisis casts shadow over G7 summit in Germany 

GERMANY: Flaring tensions between Greece and its creditors were set to dominate a G7 summit in Germany Sunday, amid fears the debt-wracked country could crash out of the euro and rock the world economy. 

German Chancellor Angela Merkel, a champion of tough eurozone reform and austerity, will host the other leaders of the Group of Seven industrialised democracies -- the United States, Britain, France, Italy, Canada and Japan. Read More.

Expect More Battles At G7 

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