Receive Breaking News updates as they occur
Greece's new government dramatically escalated its battle with the country's international creditors Friday, refusing to meet EU and IMF officials and rejecting fresh loans offered for February. Athens had been promised another 7.2 billion euros in funds from the European Union, the IMF and and the European Central Bank if it completed reforms required by its lenders by February 28. "This government was elected on the basis of analytically questioning the very logic of the programme now being applied," he said, referring to the reforms and budget cuts demanded by Athens' international creditors.
Former Republican presidential nominee Mitt Romney said Friday he will not run for the White House again in 2016, ending weeks of intense speculation that he would mount a third campaign. "After putting considerable thought into making another run for president, I've decided it is best to give other leaders in the party the opportunity to become our next nominee," Romney said during a conference call with supporters. On January 9, he told donors he remained interested in the White House. He subsequently gave two speeches, including one to the Republican National Committee, laying out his vision for themes to embrace should Republicans want to regain the White House after eight years of President Barack Obama.