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Politics Angela Merkel

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  • BRUSSELS, Aug 3- The battle for Europe will be won or lost in Germany. The aftermath of the euro zone's ugly all-night summit on the Greek debt crisis that ended on July 13 with a deal on stringent, intrusive terms for negotiating a third bailout has sent shockwaves across Europe, especially in Germany. "When you tour European countries, there aren't many that are...

  • WikiLeaks also posted what it says is an NSA list of 35 Japanese targets for telephone intercepts including the Japanese Cabinet office, Bank of Japan officials, Finance and Trade Ministry numbers, the natural gas division at Mitsubishi and the petroleum division at Mitsui. Japanese Foreign Ministry press secretary Yasuhisa Kawamura said Japan and the...

  • ATHENS, July 29- Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. At the same time, Tsipras is under pressure from Greece's creditors to go beyond the two packages of...

  • Finance Minister Euclid Tsakalotos said late Monday that meetings in Athens had begun between Greek officials and negotiating teams representing creditors, with talks to intensify Tuesday, paving the way for higher level discussions possibly by the end of the week. Before the talks started in Athens, a recording of Varoufakis discussing a parallel...

  • BERLIN, July 25- Germany is willing to discuss the creation of a euro zone finance minister who would have his own budget and raise extra taxes, the German magazine Der Spiegel reported on Saturday. European Commission President Jean-Claude Juncker last month laid out a vision for tighter joint control over the currency zone's economies, including a common...

  • BERLIN— In the race to secure business deals with Iran, Germany was quickest out of the blocks. On Sunday, Economy Minister Sigmar Gabriel became the first senior Western official to visit Iran following last week's agreement to ease sanctions on the Islamic nation in exchange for concessions on its nuclear program. Last year, Germany imported goods worth 295...

  • *For Eikon page on Greece and the euro zone, click http://tmsnrt.rs/1LlrwQw. ATHENS, July 23- Greek Prime Minister Alexis Tsipras contained a rebellion in his left-wing Syriza party to win parliamentary approval on Thursday for a second package of reforms required to start talks on a financial rescue deal. The bill that lawmakers voted on early Thursday...

  • PARIS/ BERLIN, July 22- Greece's new bail-out deal imposes a stiff dose of budget rigor and market deregulation which critics say few leaders of Western Europe's biggest nations have dared serve their own voters. "Francois Hollande is very good at telling others how to do their reforms," opposition French conservative Xavier Bertrand said in a dig at France's...

  • *For Eikon page on Greece and the euro zone, click http://tmsnrt.rs/1LlrwQw. ATHENS, July 22- Greece's leftist government tried on Wednesday to contain a rebellion in Prime Minister Alexis Tsipras' Syriza party ahead of a vote in the evening on reforms required to start talks on a rescue deal. "We are making an effort to have fewer dissenters," Health Minister...

  • *For Eikon page on Greece and the euro zone, click http://tmsnrt.rs/1LlrwQw. ATHENS, July 22- Greece's leftist government urged disgruntled lawmakers on Wednesday to back reforms required for talks on a rescue deal to start, as Prime Minister Alexis Tsipras faced his second major test in parliament in a week. "We are making an effort to have fewer dissenters,"...

  • ANALYSIS-In Greek crisis, one big unhappy EU family Monday, 20 Jul 2015 | 2:50 PM ET

    *Senior EU official sees 20-30 pct chance of success on Greece. The most worrying sign for European leaders is that public opinion and domestic politics are pulling them increasingly in opposing directions- not just between Greece and Germany, the biggest debtor and the biggest creditor, but almost everywhere. With central and east European states growing...

  • ATHENS, July 20- Greece reopened its banks and ordered billions of euros owed to international creditors to be repaid on Monday in the first signs of a return to normal after last week's deal to agree a tough new package of bailout reforms. The bank closures were the most visible sign of the crisis that took Greece to the brink of leaving the euro earlier this month,...

  • ATHENS, July 20- Greece reopened its banks and started the process of paying off billions of euros owed to international creditors on Monday in the first signs of a return to normal after a deal to agree a new package of bailout reforms. The bank closures were the most visible sign of the crisis that took Greece to the brink of leaving the euro earlier this month,...

  • SPECIAL REPORT-The man who cost Greece billions Monday, 20 Jul 2015 | 5:29 AM ET

    ATHENS, July 20- Once again Alexis Tsipras was struggling to make a decision. For hours on July 13, the Greek prime minister and Europe's leaders had been trying to thrash out a new deal to bail out bankrupt Greece and keep the country in the euro zone. Now a clean copy of the latest text had been printed, and German Chancellor Angela Merkel, French President Francois...

  • European shares hit fresh six week highs, OCI surges Monday, 20 Jul 2015 | 4:32 AM ET

    *Julius Baer slides after tax-dodging charge. Top riser was OCI, up 11 percent after the Amsterdam- listed chemical company confirmed it is in advanced merger talks with U.S. fertilizer maker CF Industries Holdings Inc.. Yara sold a 50 percent stake in its British fertilizer manufacturer to CF Industries, its joint venture partner, three weeks ago and traders...

  • FOREX-New Zealand dollar recovers after PM weighs in Monday, 20 Jul 2015 | 4:27 AM ET

    *New Zealand dollar bounces on PM comments. LONDON, July 20- The New Zealand dollar was the main mover on major currency markets on Monday, pushing higher after the country's prime minister expressed caution about the scale of the currency's recent fall. But traders said the kiwi had recovered some ground after New Zealand Prime Minister John Key said the...

  • ATHENS, July 20- Greeks queued outside banks on Monday as they reopened three weeks after closing to stop the system collapsing, the first cautious sign of a return to normal after a deal to start talks on a new package of bailout reforms. However limits on withdrawals will remain and payments and wire transfers abroad will still not be possible- a situation which...

  • Greek banks reopen as Tsipras eyes return to normal Monday, 20 Jul 2015 | 2:12 AM ET

    ATHENS, July 20- Greeks queued outside banks on Monday as they reopened three weeks after closing to stop the system collapsing under a flood of withdrawals, the first cautious sign of a return to normal after a deal to start talks on a new package of bailout reforms. However capital controls will remain and payments and wire transfers abroad will still not be...

  • *Asian share markets mostly lower, Japan on holiday. SYDNEY, July 20- The U.S dollar held firm in Asia on Monday as investors looked ahead to higher interest rates from the Federal Reserve, while gold slumped to five-year lows as a lack of global inflation left little to hedge against. The precious metal ran into a wave of selling in Asia that drove it down almost 4...

  • SINGAPORE, July 20- The dollar hit a three-month high against a basket of major currencies on Monday, after solid U.S. inflation and housing data supported expectations for the Federal Reserve to raise interest rates in coming months. The greenback is coming off its best weekly performance in about two months, having risen last week after Fed Chair Janet Yellen...