The Traderszone Network

Published in TZ Latest News 29 May, 2015 by The TZ Newswire Staff

U.S. warns G7 of global economy ‘accident’ without Greece deal

The United States warned on Friday of a possible accident for the world economy if Greece and its creditors miss their June deadlines to avert a debt default. Germany said there was no sign of a breakthrough. With Athens struggling to make repayments due next month, the debt stand-off between Greece and its European Union partners overshadowed a meeting of policymakers from the Group of Seven rich nations otherwise held to focus on ways to get the global economy growing strongly again.