Greece’s lenders are meeting in Luxembourg to discuss the country’s debt crisis. Despite clashes over the question of debt relief, eurozone leaders and the IMF are expected to unlock as much as 8 billion euros in a much-needed fresh loan.
The EU has said US tariffs would be met with a "proportionate response." The European Council, IMF and WTO have warned Trump he is very wrong about trade wars being easy to win.
Debt-stricken Greece has confirmed its economy expanded last year despite a dip in the country's outbound shipments. The statistics office said growth was attributable to a surge in corporate investment.
Eurozone finance ministers have reached a "political agreement" to grant Greece €6.7 billion in bailout money. The ministers praised Greece's progress, putting it on track to leave its bailout program this year.
The International Monetary Fund has revised upward its forecasts for growth as economies around the world are recovering simultaneously and stronger than expected, helped at least for the short term by Trump's tax cuts.
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