Wednesday October 21, 2020

Germany isolated at G20 summit

German Chancellor Angela Merkel is under increasing pressure at a meeting of world leaders to shift her stance on shielding the global economy.

18th June, 2012
German Chancellor Merkel isolated

Europe’s financial crisis deepened and enveloped Spain, raising pressure on German Chancellor Angela Merkel at a meeting of world leaders to shift her stance on shielding the global economy.

The Group of 20 leaders are meet for a two-day summit in Mexico today as Spanish borrowing costs soared to a euro-era record.

With elections in Greece failing to damp the threat of contagion, policy makers are deliberating ways to stimulate the world economy if...

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