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Politics Francois Hollande

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  • *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...

  • Treasury Secretary Jack Lew spoke on Monday with Greece's prime minister and finance minister and said Washington looked forward to Athens and other parties resuming conversations toward resolving the Greek situation, a Treasury spokeswoman said. Lew voiced hope such an outcome "will allow Greece to make difficult but necessary fiscal and structural...

  • PARIS/ ATHENS, July 6- France and Germany told Greece on Monday to come up with serious proposals in order to restart financial aid talks, a day after Greeks voted overwhelmingly to reject more austerity. German Chancellor Angela Merkel and French President Francois Hollande, the euro zone's most powerful leaders, said Athens must move quickly if it wants to...

  • NEW YORK/ LONDON, July 6- Gold turned higher on Monday as France and Germany told Greece the door was open to negotiations after Greek voters had rejected the terms of a bailout package. Leaders of France and Germany told Greece's government the door for negotiations with creditors remained open but urged it to make credible proposals at a euro zone summit to...

  • PARIS/ ATHENS, July 6- France and Germany told Greece to come up with serious proposals in order to restart financial aid talks, raising pressure on Prime Minister Alexis Tsipras to compromise a day after his country voted overwhelmingly against more austerity. After a meeting in Paris, German Chancellor Angela Merkel and French President Francois Hollande...

  • PARIS, July 6- Leaders of France and Germany told Greece's government the door for negotiations with creditors remained open but urged it to make credible proposals at a euro zone summit to reach a cash-for-reform deal and so avoid a euro zone exit. "It's now up to the government of Alexis Tsipras to offer serious, credible proposals so that this will can be turned...

  • PARIS, July 6- Leaders of France and Germany told Greece's government on Monday the door for negotiations with creditors remained open but urged it to make quick proposals to reach a cash-for-reform deal. Merkel said the conditions for a discussion on a program involving the European Union's bailout fund were not present and urged Greece to put proposals on...

  • *German government says up to Greece to act to stay in euro. BERLIN, July 6- The German government signaled a tough line towards Greece on Monday, saying it saw no basis for new bailout negotiations and insisting it was up to Athens to move swiftly if it wanted to preserve its place in the euro zone. With opinion towards Greece hardening in Germany's ruling coalition...

  • *Greece owes $3.5 bln bond payment to ECB on July 20. July 6- U.S. stocks were set to open lower on Monday after Greece rejected debt bailout terms, throwing the future of the country's euro zone membership into further doubt. A new bailout deal is needed for Greece to meet a July 20 deadline to repay $3.9 billion of bonds to the ECB.

  • German Chancellor Angela Merkel and French President Francois Hollande will meet in Paris in the afternoon. *Greece's finance minister quit and Prime Minister Alexis Tsipras said his government was ready to return immediately to negotiations with creditors in a bid to open shuttered banks. The Institute for Supply Management's services index data is...

  • *German government says up to Greece to act to stay in euro. BERLIN, July 6- The German government signalled a tough line towards Greece on Monday, saying it saw no basis for new bailout negotiations and insisting it was up to Athens to move swiftly if it wanted to preserve its place in the euro zone. With opinion towards Greece hardening in Germany's ruling coalition...

  • 'Grexit' tips over to base case for many big banks Monday, 6 Jul 2015 | 6:56 AM ET

    LONDON, July 6- Greece leaving the euro zone has tipped over to become the base case for many international bank economists after Sunday's overwhelming' No' vote against further austerity imposed by creditors. A Reuters poll of more than 70 economists published a week ago, just before Greece defaulted on a 1.6 billion euro payment to the International Monetary...