Arab Today, arab today pm to call sarkozy over finance crisis
Last Updated : GMT 18:38:55
Arab Today, arab today
Arab Today, arab today

PM to call Sarkozy over finance crisis

Arab Today, arab today

Arab Today, arab today PM to call Sarkozy over finance crisis

Paris - Arabstoday

Prime Minister David Cameron has spoken to French President Nicolas Sarkozy to discuss eurozone finances and the US credit rating being downgraded. Downing Street said that, in a phone conversation, they agreed on "the importance of working together". Meanwhile, Chancellor George Osborne, who is on holiday, spoke to the head of the International Monetary Fund and the current European Union president. But Labour accused the government of "complacency" in the financial crisis. On Friday, Standard & Poor's downgraded the AAA rating for the US for the first time, citing budget deficit concerns. On the same day, European stock markets continued to fall with investors worried about the eurozone debt crisis and the weak US economy. Eroding confidence It came as fears over the ability of governments to pay their debts - which have led to Greece, the Irish Republic and Portugal already being bailed out - spread to Spain and Italy. Correspondents say the downgrade could erode investors' confidence in the world's largest economy. Meanwhile, shadow chancellor Ed Balls criticised the prime minister, chancellor and their deputies for taking their holidays at the same time. Despite being on holiday, Mr Cameron discussed "the euro area and the US debt down grade", according to a Downing Street spokesman. "Both agreed the importance of working together, monitoring the situation closely and keeping in contact over the coming days," he said. Meanwhile, the chancellor, who is currently on holiday in the US, spoke to Jacek Rostowski, finance minister of Poland, which currently holds the rotating presidency of the European Union. Mr Osborne also spoke to Christine Lagarde, the new head of the International Monetary Fund. A Treasury spokesman said the phone conversations were part of ongoing international discussions about the impact of the US credit downgrade on the global economy and problems in the euro area. But shadow chancellor Ed Balls launched an attack on the government's handling of the current financial crisis.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pm to call sarkozy over finance crisis Arab Today, arab today pm to call sarkozy over finance crisis

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pm to call sarkozy over finance crisis Arab Today, arab today pm to call sarkozy over finance crisis

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Malaysia Airlines picks new CEO

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday