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 economic outlook for both the eurozone and the EU as a whole is increasingly upbeat, says the European Commission. Although concerns remain, the crisis of recent years seems to be finally over.
A 29-year-old parcel-bomb suspect has been arrested by Greek police probing intimidation of European figures involved in Greece's financial bailouts. In May, Greek ex-premier Lucas Papademos was wounded.
Greeks have long viewed the German finance minister as a symbol of failed austerity policies. But Athens is by no means joyful now that Wolfgang Schäuble is leaving after eight years in office, says Jannis Papadimitriou.
In its latest assessment and forecast for the world economy, the International Monetary Fund has been the bearer of some rare good news. Yet, while the global economy is enjoying strong growth, challenges remain.
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