New Rescue Package for Greece Takes Shape

The deal being discussed would offer billions of euros in fresh loans in return for accelerated privatization and tougher tax collection measures on the part of the beleaguered Greek government.

Trichet to Leave a Difficult Legacy at E.C.B.

Under his leadership, the European Central Bank has become in effect the adult supervision for quarreling political leaders. But it also is stuck with billions in shaky government bonds on its books.