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Politics Francois Hollande

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  • BRUSSELS, July 13- As a feeble sun came up out of a grey Brussels dawn on Monday, for a time it looked like it might be about to set on Greek hopes of clinging on to the euro. After 14 hours of talks with German Chancellor Angela Merkel and other euro zone leaders, Tsipras was refusing to yield on the last outstanding item on a draconian list of loan terms which some critics...

  • "That could turn out to be one of the sentences that saved Greece," said one diplomat, reflecting the French view that expelling the country from the single currency zone would have catastrophic consequences for Greece and weaken the euro itself. While the final accord struck between Athens and euro zone leaders in Brussels on Monday imposes tough new...

  • *Euro zone says Greece must pass reform laws before bailout talks. *Without third bailout, bankrupt Greece will lose the euro. BRUSSELS, July 13- Euro zone leaders argued late into the night with near-bankrupt Greece at an emergency summit, demanding that Athens enact key reforms this week to restore trust before they will open talks on a financial rescue to keep it...

  • *Rift spreads across Europe, including within governments. BRUSSELS, July 12- Caught between the rock of throwing good taxpayers' money after bad in Greece and the hard place of opening a dangerous crack in their common currency, tempers frayed among euro zone ministers meeting at the weekend. Such was the "tough, even violent" atmosphere, in the words of one...

  • *Euro zone says Greece must pass reform laws before bailout talks. *Without third bailout, bankrupt Greece will lose the euro. BRUSSELS, July 12- Euro zone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area.

  • *Rift spreads across Europe, including within governments. BRUSSELS, July 12- Caught between the rock of throwing good taxpayers' money after bad in Greece and the hard place of opening a dangerous crack in their common currency, tempers are fraying among euro zone ministers meeting in Brussels. By contrast, Greek Finance Euclid Tsakalotos, appointed last week in...

  • *Ministers demand further steps from Athens before talks start. BRUSSELS, July 11- Sceptical euro zone finance ministers demanded on Saturday that Greece go beyond painful austerity measures accepted by Prime Minister Alexis Tsipras if he wants them to open negotiations on a third bailout for his bankrupt country to keep it in the euro. Highlighting the depth...

  • ATHENS, July 11- Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reform proposals aimed at obtaining a new international bailout, but he faced a rebellion in his own party that could threaten his majority in parliament. The measures, which received an initial nod from European Union and International Monetary Fund...

  • ATHENS, July 11- Prime Minister Alexis Tsipras appealed to parliament to back a tough reform package to try to save Greece from financial collapse, with European Union and IMF officials offering a positive early assessment of the measures. Euro zone partners appeared to be preparing for a deal to keep Greece in the euro zone. One euro zone source, who is familiar...

  • BRUSSELS, July 11- EU and IMF officials have given euro zone governments a positive assessment of Greece's request for a new bailout, a source close to the matter said, making it likely they will agree on Saturday to open talks on lending Athens tens of billions of additional euros. Experts from the European Commission, European Central Bank and the International...

  • BERLIN, July 10- The parties in Angela Merkel's coalition government sent conflicting signals on the latest reform proposals from Greece on Friday, underscoring the challenge for the German chancellor before a pivotal summit of EU leaders this weekend. But lawmakers in Merkel's conservative bloc, many of whom are under pressure from constituents to cut...

  • *Macron says optimistic Greece to reach deal. PARIS, July 10- French President Francois Hollande said the latest proposals for reforms by the Greek government were "serious and credible", and said talks between Greece and international creditors must now resume with the aim of reaching a deal. Hollande added that Greek Prime Minister Alexis Tsipras' decision to...

  • ATHENS, July 10- Greek Prime Minister Alexis Tsipras appealed to his party's lawmakers on Friday to back a tough reforms package after abruptly offering last-minute concessions to try to save the country from financial meltdown. After walking into a party meeting to applause, Tsipras rallied his Syriza lawmakers to throw their weight behind the new...

  • UPDATE 1-France says 'No' to Greek euro exit - PM Valls Wednesday, 8 Jul 2015 | 11:44 AM ET

    PARIS, July 8- France will do all it can to keep Greece in the euro zone, Prime Minister Manuel Valls said on Wednesday, saying a "Grexit" could have major geopolitical consequences for Europe and damage the world economy. "Allowing Greece to exit the euro zone would be an admission of impotence- France refuses that," Valls said, adding that a deal between Athens and...

  • LONDON, July 8- German Bund yields stabilised on Wednesday as the possibility of Greece and the European Union converging towards a vital cash-for-reform deal before Sunday's deadline curbed demand for the top-rated asset. Greece sold 1.625 billion euros of six-month T-bills to refinance a 2.0 billion euros issue maturing on Friday. But ECB Governing...

  • LONDON, July 8- A fall in German Bund yields driven by sliding commodity prices slowed on Wednesday as the possibility of Greece and the European Union converging towards a deal before Sunday's deadline curbed demand for the top-rated asset. An auction of 1.25 billion euros of Greek T-bills, vital for Greece to roll over 2 billion in T-bills due on Friday, will be...

  • *Euro zone sets end-of-week deadline for Greece, EU summit Sunday. *France, Germany urge Tsipras to put forward credible proposal. BRUSSELS, July 7- Euro zone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic...

  • *France, Germany urge Tsipras to put forward credible proposal. Italian Prime Minister Matteo Renzi told reporters that EU leaders would hold a further summit on Sunday to approve a plan to aid Greece if creditor institutions are satisfied in the meantime with a Greek loan application and reform commitments. "Next Sunday the final meeting will take place on...

  • German "Grexit" calls raise pressure on Merkel Tuesday, 7 Jul 2015 | 6:29 AM ET

    *Bild urges Merkel to be tough at Greece summit. The first point in the plan: the immediate exit of Greece from the euro zone. And her centre-left coalition partners, the Social Democrats, are also talking tough these days, limiting Merkel's room to forge compromises with Greek Prime Minister Alexis Tsipras that would keep Greece in the currency bloc.

  • BRUSSELS/ ATHENS, July 7- Greece faces a last chance to stay in the euro zone on Tuesday when Prime Minister Alexis Tsipras puts proposals to an emergency euro zone summit after Greek voters resoundingly rejected the austerity terms of a defunct bailout. The leaders of Germany and France, the currency area's two main powers, said after conferring on Monday that...