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Angry Icelanders set to reject Icesave deal

Icelanders are set to reject the terms for repaying Anglo-Dutch debts in a referendum on Saturday, forcing new negotiations with creditors and delaying financial aid the country needs to fix its shattered economy.

Conditions good for Icesave deal: Iceland minister

Icelanders are sure to vote against repaying $5 billion in "Icesave" debts if a referendum goes ahead on Saturday, but conditions are good for reaching a revised deal with Britain and the Netherlands, Iceland's Foreign Minister was quoted on Wednesday as saying.

Greece must make more cuts, size not yet clear: EU

BRUSSELS (Reuters) - Greece must take additional measures to reach its deficit-cut target of 4 percent of GDP in 2010 but it is not yet clear how far short Athens is with steps announced so far, the European Commission said on Tuesday.

Romanian Government Falls, Raising Questions Over IMF Bailout

Romania's government fell Tuesday as a parliament no-confidence vote in Bucharest triggered a political void in another struggling Eastern European economy. Prime Minister Emil Boc's cabinet mustered only ...

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