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China pledges to buy more EU bonds as crisis deepens

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China is considering buying more EU government bonds amid a worsening European debt crisis in order to support its biggest trading partner, according to Chinese Premier Wen Jiabao. “China is willing, on condition of fully evaluating the risks, to continue to invest in the eurozone sovereign debt market, and strengthen communication and discussion with the European Union, the European Central... 

Merkel and Hollande clash over EU Debt Crisis

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Angela Merkel (left) and Francois Hollande (right) German Chancellor Angela Merkel and French Socialist Party presidential candidate Francois Hollande have had a war of words over how to handle the European debt crisis. It is “not for Germany to decide for the rest of Europe”, Hollande, who is the favorite in France’s May 6 run-off election, said on Friday, The Daily Telegraph reported. He... 
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