Former Dow CEO Andrew Liveris is accused of using his position to finance his lifestyle and boosting a charity that burnished his fame in Greece.» Read More
BRUSSELS, April 12- Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support. "This step would save Greece's budget billions of euros, while reforming the Troika arrangement, eliminating the IMF's and the ECB's...
On Monday, Greece's Prime Minister Antonis Samaras failed to win the majority vote for his choice of president. Alkman Granitsas, bureau chief for Greece and Cyprus at the "Wall Street Journal," discusses the market impact.
Greece may be one of the first trouble spots for markets in 2015, but it's not likely to be what really rocks them.
Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program.
Euro zone officials have approved the transfer of 4 billion euros ($5.3 billion) of funding to Greece and euro zone governments are expected to approve disbursement by Monday.
Greece and its international lenders resume talks on Monday to unlock 8.1 billion euros ($10.5 billion) of rescue loans after a two-week break during which the government almost collapsed.
Greek Prime Minister Antonis Samaras reshuffled his cabinet on Monday, aiming to bolster his government days after the smallest party in the ruling coalition quit over the closure of state TV.
Tens of thousands of Greeks took to the streets of Athens on Wednesday during a nationwide strike against wage cuts and high taxes that kept ferries stuck in ports, schools shut and hospitals with only emergency staff.
Greece on Monday said it would conduct its bond buyback offer through a modified Dutch auction method in which investors declare how much they are willing to sell their bonds at before the price is determined.
*Anger, resignation on streets of Athens. The strike, called by Greece's two biggest labour unions representing half of the four million-strong workforce, brought public transport to a virtual standstill and shuttered schools, banks and local government offices.
*Anger, resignation on streets of Athens. ATHENS, Nov 6- Hundreds of thousands of Greeks began a crippling 48- hour strike on Tuesday to protest against a new round of wage and pension cuts that parliament is expected to approve narrowly a day later.
*Anger, resignation on streets of Athens. ATHENS, Nov 6- Tens of thousands of Greek workers began a 48- hour strike on Tuesday to protest a new round of austerity cuts that unions say will devastate the poor and drive a failing economy to collapse.
*Greece funding, China leadership adds to uncertainty. NEW YORK, Nov 5- Oil rebounded on Monday from the previous session's sharp loss while metals and crop prices mostly fell as financial markets treaded warily ahead of the U.S. presidential election and amid recovery work on the destruction left by Hurricane Sandy.
NEW YORK, Nov 5- World stocks fell and the dollar edged up on Monday as investors played it safe before Americans choose their president and Greece headed into two key votes to secure further rescue funds.
NEW YORK, Nov 5- World stocks fell and the dollar firmed on Monday as investors moved to the sidelines or favored low-risk assets before Americans choose their president, China starts a leadership transition and Greece faces a fraught vote to secure fresh rescue funds.
*Ten-year JGB futures rise in light trade. TOKYO, Nov 5- Benchmark Japanese government bonds inched up on Monday ahead of a tightly-fought U.S. presidential election on Tuesday and a vote in the Greek parliament over a new austerity package later in the week.
*Greece facing votes on austerity and labour measures, budget. ATHENS, Nov 4- Talk of Greece exiting the euro will end after critical votes in parliament this week on new austerity measures, labour reforms and the 2013 budget, Greek Prime Minister Antonis Samaras said on Sunday.
ATHENS, Nov 4- Talk of Greece exiting the euro will end after critical votes in parliament this week on new austerity measures and the 2013 budget, Greek Prime Minister Antonis Samaras said on Sunday.
The Labor Department reported that the U.S. economy generated 171,000 jobs in October, higher than the 125,000 or so expected in the markets. "The data is clearly risk positive, although some may argue that it hurts Romney's chances, which neutralizes some of the risk impact," said Alan Ruskin, an analyst at Deutsche Bank.
*Euro zone ministers confer on how to keep Greece afloat. *Greece slashes forecast of 2013 primary budget surplus. BRUSSELS/ ATHENS, Oct 31- Greece revealed on Wednesday that it will overshoot its deficit and debt targets again next year because of a deeper than forecast recession as euro zone finance ministers debated how to keep the near-bankrupt state afloat.