G7

Washington Group meeting fails to reach deal on Greek debt

A meeting of the so-called Washington Group - representatives of Greece's creditors as well as the governments of Germany, France, Spain and Italy, the biggest eurozone economies - failed to break a deadlock on Greek debt as the International Monetary Fund (IMF) and Berlin remain divided on the length of upfront extension on bailout loans.

Trump’s America is “No Friend” says Germany’s Angela Merkel ahead of “thorny” G20 Summit

German Chancellor Angela Merkel is no longer describing Donald Trump’s U.S. as a “friend” in campaign literature for the country’s elections in September, and divisions are expected to widen between the leaders at the G20 summit this week.

Trump Lashes Out at Germany Over Trade and NATO, Promises 'Change'

President Donald Trump took to Twitter on Tuesday to complain about a US trade deficit with Germany and his belief that the country must pay more for the NATO military alliance, AFP reported.

"We have a MASSIVE trade deficit with Germany, plus they pay FAR LESS than they should on NATO & military," he wrote. "Very bad for U.S. This will change."

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