Click it and Unblock the Notifications
Just In
Don't Miss
-
Kavya Maran: All You Need To Know - Personal Life, Net Worth, Educational Background And Others -
Arti Singh Wedding: Krushna Abhishek Gives Dipak Tips For Happy Married Life In Govinda Style; WATCH -
Elon Musk’s X Is Launching a TV App Similar to YouTube for Watching Videos -
AICTE introduces career portal for 3 million students, offering fully-sponsored trip to Silicon Valley -
Rs 7.50/Share Dividend: Adani Group Cement Company Reports Strong Q4 Results; Profit Surges 2x YoY -
Bajaj To Offer Chetak Electric Scooter At Lower Price Point: All Details Here -
Heeramandi Screening: Alia Bhatt, Ananya Panday, Rashmika Mandanna And Others Serve Finest Ethnic Style! -
Escape to Kalimpong, Gangtok, and Darjeeling with IRCTC's Tour Package; Check Itinerary
No new bailout for Eastern nations: EU
Brussels, Mar 2: Angela Merkel, the German Chancellor and other European Union (EU) leaders rejected a new multi-billion euro (dollar) bailout for Eastern Europe on Sunday, Mar 1. EU suggested that the additional aid should be given to struggling nations on case-by-case basis.
In a meet held to discuss the global slump Merkel said EU should fight economic crisis together. Merkel's stand on this issue came even as Hungarian Prime Minister Ferenc Gyurcsany warned that the global credit crunch was creating a widening economic chasm in the 27-nation bloc. He had suggested setting up an EU fund of $241 billion to held the eastern member countries whose currencies are plummeting due to recession.
But Hungary's plans were rejected by Germany and others. Meanwhile EU Commission President Jose Manuel Barraso said that Eastern nations are already getting billions in emergency rescue funds and loans and did not need a new bailout plan.
OneIndia
News
