Posts Tagged ‘Members’
GARY — The city’s bus system will again weigh consolidation with the Northwest Indiana Regional Bus Authority at an Aug. 5 meeting. The board that oversees the Gary Public Transit Corp. deferred its decision to sign the memorandum of understanding pledging consolidation with the RBA at a meeting earlier this month. The board’s decision not to act followed a public hearing where most members of …
The G8 and G20 meetings in Toronto, closely watched last month as Europe struggled to halt the chain reaction of doubt set in motion by the Greek debt crisis, exposed their inability to coordinate on quelling financial uncertainty. The problems in the European Union symbolize the fragility of a unified currency that was formed without integrating the fiscal powers of its members. They also …
Only days after a credit rating agency downgraded Greek bonds to junk status, eurozone members and the International Monetary Fund have knocked into shape a staggering 110 billion three-year bail-out aimed at preventing Greece from defaulting on its debt.
Eurozone members act to protect their currency. In exchange for the aid, debt-ridden Athens announces new austerity measures. European countries and the International Monetary Fund on Sunday threw Greece a lifeline worth a stunning $146 billion after the financially foundering nation unveiled a stinging program of spending cuts and tax hikes to reduce its enormous government deficit.
Eurozone members act to protect their currency. In exchange for the aid, debt-ridden Athens announces new austerity measures.
