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Trichet says Greece makes steps in right direction

European Central Bank President Jean-Claude Trichet backed Greece’s austerity measures, saying he is confident that the country will do what is needed to cut the budget deficit. “We expect and we are confident that the Greek government will take all the decisions that will permit them to reach that goal,” …

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Romania to host US missile defence shield

Romania has agreed to host rocket interceptors in what appears to be a revamped version of the US missile defence shield. Romania’s President Trian Basescu said participation was approved after an invitation from Washington. Russia is expected to make a statement soon but Basescu insisted the move, which still needs …

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