Greece, G20, etc

DividendMax Ltd.

  • Salient Points
  • The Greek government is facing a vote of confidence over its handling of the debt crisis
  • Greek Finance Minister Evangelos Venizelos has confirmed a referendum on the eurozone bailout is off
  • The G20 summit in Cannes concludes with a plan to boost growth and IMF funding - but it is short on detail
  • French President Nicolas Sarkozy gives strong backing to a tax on financial transactions
  • China says it will not boost the eurozone bailout fund until the Greek issue is resolved