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Europe Top News and Analysis Greece

  • *IMF's position on Greece has not changed, spokesman says. WASHINGTON/ BERLIN, Feb 17- The International Monetary Fund declined to comment on a media report on Friday that it was likely to contribute up to 5 billion euros to a third bailout package for Greece, saying its views on the deal had not shifted. Germany's government, gearing up for what is forecast to be a...

  • President Donald Trump speaks during a press conference in the East Room of the White House in Washington, DC on Thursday, Feb. 16, 2017.

    Wall Street needs to start factoring in the epic craziness going on in the Trump administration now, says Ron Insana.

  • LONDON, Feb 17- It seem as if we have been here before: the euro zone fretting that a crisis with Greece will balloon out of all proportion while the government in Athens says it will not impose one euro more in cuts on its austerity-battered public. There are differences this time from two years ago when a battery of "last chance" meetings over a new bailout brought...

  • LONDON, Feb 17- It seem as if we have been here before: the euro zone fretting that a crisis with Greece will balloon out of all proportion while the government in Athens says it will not impose one euro more in cuts on its austerity-battered public. There are differences this time from two years ago when a battery of "last chance" meetings over a new bailout brought...

  • LONDON, Feb 17- It seem as if we have been here before: the euro zone fretting that a crisis with Greece will balloon out of all proportion while the government in Athens says it will not impose one euro more in cuts on its austerity-battered public. There are differences this time from two years ago when a battery of "last chance" meetings over a new bailout brought...

  • LONDON, Feb 17- It seem as if we have been here before: the euro zone fretting that a crisis with Greece will balloon out of all proportion while the government in Athens says it will not impose one euro more in cuts on its austerity-battered public. There are differences this time from two years ago when a battery of "last chance" meetings over a new bailout brought...

  • LONDON, Feb 17- It seem as if we have been here before: the euro zone fretting that a crisis with Greece will balloon out of all proportion while the government in Athens says it will not impose one euro more in cuts on its austerity-battered public. There are differences this time from two years ago when a battery of "last chance" meetings over a new bailout brought...

  • Greece refuses to ask citizens for 'a Euro more'

    European Union officials are calling for a speedy deal to safeguard economic recovery.

  • Feb 17- Gold held firm early on Friday as the dollar hovered near one-week lows, putting the precious metal on track for a third week of gains amid political uncertainties in the U.S. and Europe. President Donald Trump's policies, as well as elections in the Netherlands, France and Germany this year, have fueled gold's rise to a peak of $1,244.67 on Feb. 8.

  • Greek pensioners take part in an anti-austerity demonstration in central Athens to protest years of austerity cuts to their pensions on November 15, 2016.

    European Union officials urged Greece and its lenders to conclude a long-overdue bailout review quickly to safeguard economic recovery.

  • *Greece says cannot introduce more austerity. ATHENS/ VIENNA, Feb 16- European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens. Inconclusive talks between Greece and its international...

  • ATHENS, Greece— Greece's economy has met its budget targets and there is therefore no reason for further austerity measures to be imposed as part of a deal with bailout creditors, the government spokesman said Thursday. Greece has been struggling for months to conclude negotiations with its creditors on spending cuts and reforms demanded by European...

  • *Greece says cannot introduce more austerity. ATHENS/ VIENNA, Feb 16- European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens. Inconclusive talks between Greece and its international...

  • ATHENS, Greece— Greece's government has proposed legislation to extend the short-term contracts of some 2,000 firefighters, on the day they expired, following union protests. Union officials say 4,000 of Greece's 12,000 firefighters are on five-year contracts expiring Thursday. Greece has been relying on billions of euros in international rescue loans...

  • ATHENS/ VIENNA, Feb 16- European Union officials urged Greece and its lenders on Thursday to conclude a bailout review quickly to avert fresh uncertainty hovering over the crisis-hit nation and warned that a stalemate could harm its nascent economic recovery. Inconclusive talks between Greece and its international creditors on economic reforms and debt...

  • ATHENS, Feb 16- There are costs in delaying agreement on Greece's bailout review, the European Commission's vice president responsible for the euro was quoted as saying on Thursday, and a solution needs to be found swiftly. Inconclusive talks between Greece and its international creditors on economic reforms and debt relief have cast doubt over the future of...

  • Little reason for optimism about Greek debt: Aberdeen Asset Management

    James Athey, fixed income investment manager at Aberdeen Asset Management, discusses upcoming Greek debt negotiations and the fixed income market.

  • ATHENS, Greece— Greeks "need to see a light at the end of the austerity tunnel," the European Union's financial affairs chief said Wednesday during a visit to discuss the bailout-dependent country's slow-moving negotiations with its international creditors. Pierre Moscovici said efforts to reach a compromise would continue in coming days, as he met with Greek...

  • TOKYO, Feb 15- The dollar held gains near a 3-1/ 2- week high on Wednesday after Federal Reserve Chair Janet Yellen signalled a faster pace of U.S. interest rate hikes. Yellen told the U.S. Senate Banking Committee the central bank will likely need to raise interest rates at one of its upcoming meetings, although she expressed caution amid considerable uncertainty...

  • BRUSSELS— The eurozone's top official said Tuesday that next week's meeting between Greece and its international creditors will not yet provide a full breakthrough on the country's bailout program because more negotiations on reforms are needed. Greece's creditors, including the eurozone countries and the International Monetary Fund, want Greece to...