Elmau Castle (Germany) (AFP) – Flaring tensions between Greece and its creditors were set to dominate a G7 summit in Germany Sunday, amid fears the debt-wracked country could crash out of the euro and rock the world economy.German Chancellor Angela Merkel, a champion of tough eurozone reform and austerity, will host the other leaders of the Group of Seven industrialised democracies — the United States, Britain, France, Italy, Canada and Japan.US President Barack Obama arrived in southern Germany early Sunday for the summit and was welcomed by locals in traditional dress ahead of a meeting with Merkel that will feature …read more
Source: Business Insider
