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  • NEW DELHI, Aug 17- India and the European Union are taking steps to end a trade row sparked by an EU ban on Indian pharmaceutical products that New Delhi responded to by canceling talks on a free trade accord with its largest trading partner, officials said. The E.U. Trade Commission says it did not get the letter from Modi's office on the ban, which is linked to flaws in...

  • *MSCI Asia-Pacific index steady, Japan's Nikkei gains 0.6 pct. TOKYO, Aug 17- Asian stocks were little changed on Monday as investors' nerves continued to settle after China's surprise yuan devaluation last week, while the dollar held modest gains against the euro after upbeat U.S. economic data. The index lost 2.6 percent last week to a two-year low after Beijing...

  • BERLIN, Aug 15- In a major test of her authority, Chancellor Angela Merkel will ask skeptical German lawmakers to back an 86 billion euro bailout for Greece on Wednesday despite uncertainty over whether the IMF will play a role in the rescue. Kauder, who incensed fellow lawmakers last week with threats of retaliation if they rebelled and voted against a bailout,...

  • *Parliament vote set for Weds morning, before Merkel Brazil trip. BERLIN, Aug 15- German Chancellor Angela Merkel will ask lawmakers to back an 86 billion euro bailout for Greece at a special session of parliament on Wednesday despite uncertainty about whether the International Monetary Fund is on board. The vote is shaping up as a major test for both Merkel and...

  • BERLIN, Aug 15- The president of the German lower house of parliament has invited lawmakers to a special session on Wednesday morning to vote on a new 86 billion euro bailout package for Greece. Norbert Lammert sent out the invitation, a copy of which was seen by Reuters, on Saturday morning after euro zone finance ministers approved the rescue at a meeting in...

  • BRUSSELS, Aug 14- Eurogroup chairman Jeroen Dijsselbloem said Friday's bailout deal would put Greece's debt on a sustainable path and followed very constructive cooperation with the Greek government. In a briefing following around six hours of talks in Brussels, Dijsselbloem also said he was optimistic the International Monetary Fund would be willing to...

  • *Euro zone agrees to launch bailout for Greece. *J.C. Penney, Nordstrom rise after results. Aug 14- U.S. stocks ended a volatile week higher on Friday after upbeat U.S. economic data and as euro zone finance ministers agreed to launch a third bailout program for Greece.

  • BRUSSELS/ ATHENS, Aug 14- Finance ministers from the euro zone gave their final blessing to lending Greece up to 86 billion euros after the parliament in Athens agreed to stiff conditions overnight. Some issues still need to be ironed out following a deal struck with Greece on Tuesday by the European Commission, European Central Bank and International Monetary...

  • BRUSSELS, Aug 14- Euro zone finance ministers agreed on Friday to launch a third bailout programme for Greece, Belgian Finance Minister Johan van Overtveldt told Reuters after a meeting of the Eurogroup in Brussels. Van Overtfeldt said they had agreed to a Memorandum of Understanding drafted by institutional negotiators on Tuesday, "with some additional...

  • BRUSSELS/ ATHENS, Aug 14- Finance ministers from the euro zone were meeting in Brussels on Friday expecting to give their final blessing to lending Greece up to 85.5 billion euros after the parliament in Athens agreed to stiff conditions overnight. German Finance Minister Wolfgang Schaeuble, long the most powerful sceptic over the merits of giving Greece a...

  • BRUSSELS, Aug 14- Finance ministers from the euro zone were meeting in Brussels on Friday expecting to give their final blessing to lending Greece up to 85.5 billion euros after parliament in Athens agreed to stiff conditions overnight. German Finance Minister Wolfgang Schaeuble, long the most powerful sceptic on the merits of giving Greece a third bailout to...

  • ATHENS, Aug 14- European officials have recommended that euro zone finance ministers disburse an initial 23 billion euros in a first aid tranche to Greece under its new bailout deal, a Greek official said on Friday. The senior finance ministry officials made the recommendations to the ministers who are meeting in Brussels on Friday to consider the bailout deal.

  • LONDON, Aug 14- You don't hear so much about the load-out queues in the London Metal Exchange's warehouse system these days. It's not that the queues to take delivery of aluminum from Detroit and Vlissingen have disappeared. As of the end of last month the waiting time at Detroit was still 328 days and that at the Dutch port 327 days.

  • ATHENS, Aug 14- Greek Prime Minister Alexis Tsipras faced the widest rebellion yet from his leftist lawmakers as parliament approved a new bailout programme on Friday, forcing him to consider a confidence vote that could pave the way for early elections. That clears the way for euro zone finance ministers to approve the first batch of aid from the 85-...

  • ATHENS, Aug 14- Greek Prime Minister Alexis Tsipras confronted a widening rebellion within his leftist Syriza party as parliament voted to approve the country's third financial rescue by foreign creditors in five years. Euro zone finance ministers are expected to approve the vital aid for Athens later on Friday. Tsipras will call a confidence vote in...

  • ATHENS, Aug 13- Greek lawmakers bickered through the night over a new bailout deal to keep the country afloat, only hours before euro zone finance ministers are due to decide on Friday whether to approve the vital aid for Athens. With the ruling Syriza party apparently heading for a split over the 85 billion euro programme, parliament finally began debating...

  • BERLIN, Aug 14- Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission proposal for the meeting. Euro zone finance ministers are due to meet in Brussels on Friday to discuss a third...

  • German FinMin paper says Greek MoU lacks clarity on policy Wednesday, 12 Aug 2015 | 11:11 AM ET

    BERLIN, Aug 12- Germany's Finance Ministry has criticised a memorandum of understanding agreed between Greece and its international lenders as showing "no full clarity on the direction of policies". In a two-page paper entitled "preliminary check of MoU" that was sent to officials in Brussels on Wednesday, the ministry describes Greek reform plans on debt...

  • BRUSSELS, Aug 12- Negotiations on an 85 billion euro bailout deal between Greece and its creditors reached this week underwent a "sea change" after combative finance minister Yanis Varoufakis was removed from the talks, EU sources said on Wednesday. The deal, which will provide Greece with the new money needed to prevent financial meltdown and keep it from...

  • *Germany states "strict" terms for aid disbursement. ATHENS, Aug 10- Greece and international creditors sought to put final touches to a multi-billion euro bailout accord on Monday to keep the country financially afloat and meet an important debt repayment to the European Central Bank within days. Germany set out "strict" conditions for further aid and said it...