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Europe Top News and Analysis Greece

  • WARSAW, July 4- President Donald Trump will attend a summit of the Three Seas Initiative in Poland on Thursday that his hosts hope will boost economic ties between the United States and the ex-communist countries of central and eastern Europe. Poland, Hungary, Czech Republic, Slovakia, Romania, Bulgaria, Lithuania, Estonia, Latvia, Croatia, Slovenia and Austria.

  • WARSAW, July 4- Poland hopes to woo Donald Trump the businessman with new investment opportunities in eastern Europe when the U.S. president pays a whistle-stop trip to Warsaw on Thursday en route for a G20 summit in neighbouring Germany. Amid transatlantic tensions over trade, security and climate change, Poland's right-wing, eurosceptic government wants to...

  • ATHENS, June 29- Greece's short-term objective is to return to bond markets and this will be possible even without the inclusion of its bonds in the European Central Bank's asset-buying programme, Finance Minister Euclid Tsakalotos said on Thursday. But the ECB has said conditions are not right yet for Greece to be included in its bond-buying quantitative...

  • *Bailout opens rift between Germany and Italy. As lawmakers digested details of the rescue, which involves the state rather than investors bearing most of the cost, many criticised Rome for breaking with the spirit of a framework known as banking union-- and the European Commission in Brussels for allowing it do so. Under a deal sealed over the weekend, Italy will...

  • *Bailout opens rift between Germany and Italy. As lawmakers digested details of the rescue, which involves the state rather than investors bearing most of the cost, many criticised Rome for breaking with the spirit of a framework known as banking union-- and the European Commission in Brussels for allowing it do so. Under a deal sealed over the weekend, Italy will...

  • The European Commission ended months of speculation over whether Italy would be able to bypass regulations preventing state bailouts of banks by granting approval for the deal. On Sunday, Italy began winding up two failed regional banks in a deal that could cost the state up to 17 billion euros. The rescue will see the lenders' good assets go to Italy's biggest...

  • *Italy- Germany bond yield spread comes off recent narrow levels. LONDON, June 26- Euro zone government bond yields fell after Italy received the go-ahead for a state rescue of the assets of two failed lenders, helping to shore up its ailing banking system which is seen as dragging on growth in Italy and the bloc as a whole. On Sunday, Italy began winding up two failed...

  • June 23- U.S. ratings agency Moody's Investors Service upgraded Greece's long-term issuer rating to' Caa2' from' Caa3' following the extension of a credit lifeline to the country by euro zone governments. The euro zone government had given Greece another 11th- hour credit lifeline worth 8.5 billion euros, last week. The International Monetary Fund Managing...

  • Greek economy is recovering: EC’s Dombrovskis

    European Commission Vice-President Valdis Dombrovskis talks about the economic future of Greece and whether the country’s lasting problems are still a threat to the euro zone.

  • *Norway will cut payments to Brazil if deforestation rises. OSLO, June 21- Norway has warned Brazil that funds to help protect the Amazon rainforest under a billion-dollar programme are in jeopardy because more forests are being destroyed, a Norwegian government letter showed on Wednesday. Brazil's President Michel Temer will meet Norway's Prime Minister...

  • ESM’s Regling: Confident Greece can have sustainable growth

    Klaus Regling, managing director at European Stability Mechanism, talks about the economic state of Greece and its future in light of recent news around its debt relief.

  • FRANKFURT, June 19- The European Central Bank revealed the full terms of its emergency bank funding scheme on Monday, including how much it charges lender, as part of an attempt to make the often criticized liquidity lifeline more transparent. But critics argue it is not transparent and was used for political purposes at the height of the Greek crisis, forcing...

  • *Lenders unlock 8.5 bln euros of loans for Greece. *May pave way for Greece to join ECB QE scheme. LONDON, June 16- Greece's short-dated government bond yields fell to their lowest since 2014 on Friday after euro zone governments threw Athens a credit lifeline worth 8.5 billion euros and sketched out new details on possible debt relief.

  • MADRID, June 16- The Eurogroup of finance ministers may block an 8.5- billion-euro loan to Greece if it does not grant immunity to privatization agency officials from Spain, Italy and Slovakia, Spanish Economy Minister Luis de Guindos said on Friday. European Economic and Monetary Affairs Commissioner Pierre Moscovici said he was confident the problem would...

  • Euro zone governments threw indebted Greece another credit lifeline worth 8.5 billion euros on Thursday, offered further clarity on a roadmap to possible debt relief and the International Monetary Fund said it might join a bailout program after sitting on the fence for two years. A pro-government newspaper, Avgi, called it "The beginning of the end to the Greek...

  • *Lenders unlock 8.5 bln euros of loans for Greece. *May pave way for Greece to join ECB QE scheme. LONDON, June 16- Greece's short-dated government bond yields fell to their lowest since 2014 on Friday after euro zone governments threw Athens a credit lifeline worth 8.5 billion euros and sketched out new details on possible debt relief.

  • LONDON, June 16- World shares steadied on Friday after selling in the tech sector triggered their biggest fall in over a month, while the yen slid to a two-week low as the Bank of Japan signaled its stimulus was staying in place. London, Frankfurt and Paris climbed between 0.3 and 0.5 percent and the euro, the pound and the Swiss franc rose against the dollar in the...

  • *Lenders unlock 8.5 bln euros of loans for Greece. *May pave way for Greece to join ECB QE scheme. LONDON, June 16- Greece's short-dated government bond yields fell to their lowest since 2014 on Friday after euro zone governments threw Athens a credit lifeline worth 8.5 billion euros and sketched out new details on possible debt relief.

  • Macron is bringing a positive message to debt talks: Professor

    Sir Christopher Pissarides, Regius professor of London School of Economics and University of Cyprus, gives his thoughts on the recent deal made by euro zone leaders when it comes to fixing Greece’s debt issues.

  • *Lenders unlock 8.5 bln euros of loans for Greece. *May pave way for Greece to join ECB QE scheme. The spotlight moved back to the euro zone, following a late deal on Thursday that lets indebted Greece avoid a default on bailout repayments due next month.