May 26, 11:13 PM EDT
Media & Culture
Markets / Finance
G7 wants banks to pay for rescue, details pending
By IBT Staff Reporter on 02/06/10 AT 9:56 PM
The idea of a global tax on banks to recapture bailout costs gained ground on Saturday, boosted by the Obama administration's latest proposals, but there was no agreement on a specific design.
Euro zone seeks to calm Greek crisis fears at G7
By IBT Staff Reporter on 02/06/10 AT 4:24 PM
The euro zone's top finance officials sought on Saturday to calm concerns about a deep budget crisis that has roiled financial markets and raised questions about the future of the single currency group.