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  • ATHENS, Greece— Lead negotiators from the European Union and International Monetary Fund begin an intensive round of talks with Greece on Friday to hammer out details of a third international bailout worth some 85 billion euros. The bailout talks must be concluded before Aug. 20, when a debt repayment to the European Central Bank worth more than 3 billion euros...

  • WASHINGTON, July 30- The International Monetary Fund can only approve new loans for Greece after Athens reaches an agreement with European governments that would ensure it can pay its debts, an IMF official said on Thursday. The IMF has teamed up with the European Union and the European Central Bank in recent years to lend Greece money repeatedly to save it from a...

  • WASHINGTON— The International Monetary Fund official cannot participate in another Greek bailout until Greece and its creditors make difficult decisions on economic reforms and debt relief, a fund official said Thursday. Briefing reporters on condition of anonymity, the official said Greece needs to commit to reforms and creditors must provide debt...

  • WASHINGTON, July 30- The International Monetary Fund will not reach a deal on a new debt program with Greece until Athens reaches an agreement with European governments that would ensure it can pay its debts, an IMF official said on Thursday.

  • WASHINGTON, July 30- The International Monetary Fund can participate in discussions over the latest financial rescue for Greece but cannot officially join the talks until after the fiscally beleaguered nation has agreed to comprehensive reforms, the Financial Times reported on Thursday. The FT report, citing a confidential summary it obtained of the IMF...

  • ATHENS, Greece _ Diana Containerships Inc. on Thursday reported second-quarter profit of $891,000. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share. Four analysts surveyed by Zacks expected $16.9 million.

  • Greece's Tsipras prevails over rebels at party meeting Thursday, 30 Jul 2015 | 12:02 AM ET

    ATHENS, Greece— In a bid to consolidate his political support and clinch a crucial bailout with creditors, Greek Prime Minister Alexis Tsipras on Thursday called for a vote within his party to decisively sideline rebels opposed to the rescue deal. Tsipras is gambling that with a win, he would discredit the rebel party members, a group who contend the terms are too...

  • ATHENS, July 29- Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. At the same time, he is under pressure from Greece's creditors to go beyond the two packages of so-called...

  • LONDON, July 29- It is barely two weeks since Greece was on the brink of crashing out of the euro, yet some investment banks are now encouraging investors to return to its bond market. Although question remain over whether Greece will be able to stick to the terms of a new deal or will be back at the ballot box within the year, markets have breathed a collective sigh of...

  • Greek prosecutor to probe Varoufakis 'Plan B' Wednesday, 29 Jul 2015 | 11:26 AM ET
    Former Greek finance minister Yanis Varoufakis.

    A Greek prosecutor will investigate whether the law was broken after ex-finance minister Yanis Varoufakis revealed plans to hack tax codes.

  • Greek debt restructuring is inevitable, says IMF chief Wednesday, 29 Jul 2015 | 11:08 AM ET

    WASHINGTON, July 29- Greece's international creditors will have no choice but to accept an easing of the terms of Athens' debts, the head of the International Monetary Fund said on Wednesday. The IMF has teamed up with the European Union and the European Central Bank in recent years to lend Greece money repeatedly to save it from a debt crisis.

  • Hay for cheese? Barter booms in cash-squeezed rural Greece Wednesday, 29 Jul 2015 | 10:34 AM ET

    *Online barter platforms see business boom. *Bartering more common in rural areas, remote villages. LAMIA, Greece, July 28- Wild boar and power cuts were Greek cotton farmer Mimis Tsakanikas' biggest worries until a bank shutdown last month left him stranded without cash to pay suppliers, and his customers without money to pay him.

  • IMF's Lagarde: Global downside risks on the horizon Wednesday, 29 Jul 2015 | 9:25 AM ET
    Christine Lagarde

    "If I look at the global economy as it stands at the moment...we have a situation where growth is a little bit tepid," Lagarde said.

  • ATHENS, July 29- Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. At the same time, Tsipras is under pressure from Greece's creditors to go beyond the two packages of...

  • AP PHOTOS: Greece's odyssey through its latest crisis Wednesday, 29 Jul 2015 | 7:48 AM ET

    Greece has endured financial and political chaos since its referendum on July 5 on a bailout proposal by the country's rescue creditors. They let Greece's existing bailout expire, forcing the country to take the drastic action of shutting its banks for three weeks and putting limits on money withdrawals and transfers. The photographs here chronicle...

  • Greece's Tsipras: party rebels could force early election Wednesday, 29 Jul 2015 | 7:16 AM ET

    ATHENS, Greece— Greece's prime minister sought to contain a deepening rift in his radical left Syriza party Wednesday, warning rebels that he would have to call early elections if they keep opposing key reforms demanded for a new international bailout. Representatives of Greece's creditors— its European Union partners and the International Monetary Fund—...

  • FRANKFURT, July 29- The European Central Bank said on Wednesday that the euro zone's founding members had diverged economically, a "disappointing" outcome that goes against the premise that a common currency would let laggards slowly catch up. Several euro zone countries, including Ireland, Portugal, Cyprus and Greece received international bailouts since...

  • ATHENS, Greece— Greek prime minister says doesn't want early elections but party rebels could force his hand.

  • ATHENS/ BRUSSELS, July 28- Conflicting statements and denials flew between Athens and Brussels on Tuesday in a war of nerves highlighting the depth of mutual mistrust over a new round of negotiations on an 86 billion euro bailout that started this week. Differences included the pace and conduct of bailout talks, whether or not Greece needs to enact further laws...

  • ATHENS, Greece— Israel's prime minister says his country is discussing "intensively" with Cyprus the best ways to extract and market gas found in waters between the east Mediterranean neighbors. He said they also discussed the possibility of connecting Israel, Cyprus and Greece with an electricity cable. Netanyahu lauded Anastasiades' initiative to invite...