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EU reiterates support for Greece

The European Union (EU) Tuesday reiterated its position that it wants debt-ridden Greece to remain inside the 17-member Eurozone following an interview by an EU Commissioner who said that a Greek Euro-exit “will not destroy the Eurozone.” “We want Greece to remain a member of euro area. We are fully …

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Catalin Predoiu is the interim PM of Romania

Romanian President Traian Basescu Monday named Catalin Predoiu as the country’s acting prime minister after Emil Boc stepped down from the post while announcing his cabinet’s resignation. The president made the move soon after Boc announced the decision to tender his cabinet’s resignation.

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