Inside these posts: Debt crisis

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IMF urges U.S. to move quicker to cut debt ratios

The International Monetary Fund Tuesday urged the United States to outline credible measures to reduce its budget deficit, pressuring the White House to detail plans to ratchet down record debt levels. Get the full story »

Euro zone moves toward deal on debt crisis

Euro zone countries are working on a “comprehensive package” to solve the bloc’s debt crisis, which could be approved by February or March, German Finance Minister Wolfgang Schaeuble said Wednesday.

“We can’t just solve the problems over the short term — if there are short-term problems — but also over the mid-term,” Schaeuble told reporters, adding that euro zone states were trying to reach agreement on a “comprehensive package.” Get the full story »