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  • *Greece must find way to deal with 100 bln eur of problem loans. *Full-scale bad banks in Ireland, Spain deemed successful. LONDON, Aug 26- Greece is under growing pressure to take care of banks' problem loans so they are free to lend again, but the depth and complexity of its crisis will make it tough to replicate the comprehensive "bad bank" models set up in Ireland and...

  • ATHENS, Aug 26- Azerbaijan's state-owned oil company SOCAR had confirmed its interest in acquiring a stake in Greek gas grid operator DESFA, with a deal possible by the end of the year, Greece's privatisation agency said on Wednesday. Greece's privatisation agency HRADF and Hellenic Petroleum met SOCAR officials on Wednesday and all the parties reiterated...

  • Greece sees gas grid deal with Azeri SOCAR progressing Wednesday, 26 Aug 2015 | 6:53 AM ET

    ATHENS, Aug 26- Greece's privatization agency said on Wednesday that Azerbaijan's state-owned oil company SOCAR had confirmed its interest in acquiring a stake in Greek gas grid operator DESFA, with a deal possible by the end of the year. "All the parties involved reiterate their commitment to complete the deal as soon as possible," HRADF, the Greek privatization...

  • Dynagas misses 2Q profit forecasts Tuesday, 25 Aug 2015 | 4:09 PM ET

    ATHENS, Greece _ Dynagas LNG Partners LP on Tuesday reported second-quarter net income of $14.3 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Confident Greece will stick to reforms: Economist Tuesday, 25 Aug 2015 | 2:30 AM ET
    Confident Greece will stick to reforms: Economist

    Jakob Christensen, senior economist at Exotix, says he’s confident that Greece will stay on the "reform track," even past upcoming elections.

  • *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON, Aug 24- European stocks plunged on Monday after a rout in Chinese markets, wiping hundreds of billions of euros off their value and sending one benchmark index to a seven-month low. Stock markets in Frankfurt and Paris fell 4.7 and 5.4 percent respectively.

  • THESSALONIKI, Greece— Greek police have arrested two union leaders after hundreds of miners blocked roads to protest the temporary closure of a controversial gold mine in northern Greece. The men were charged with disrupting transportation Monday and released, while protesters later lifted the roadblocks in the Halkidiki peninsula— a major tourist...

  • ATHENS, Greece— A new anti-austerity party formed by rebel lawmakers who quit the governing left-wing Syriza was given its chance Monday to seek government coalition partners and prevent Greece from holding its third national vote this year. The renewed political uncertainty has hammered the Athens Stock Exchange, which crashed down more than 9 percent in...

  • ATHENS, Greece— The Greek government says it's still aiming for a Sept. 20 election date after the prime minister resigned because of a rebellion in his party over the terms of the country's new bailout deal. Government spokeswoman Olga Gerovassili told Greek state TV ERT on Sunday that "as things stand now, Sept. 20 is a feasible election date."

  • THESSALONIKI, Greece— Police in Greece say they have arrested 78 anti-mining protesters, mostly foreigners, involved in clashes outside a Greek gold mine. Police said about 1,000 protesters marched toward the mining operation in the northern region of Halkidiki. Many started pelting the police force with rocks and bolts and threw firebombs.

  • ATHENS, Aug 23- Greek opposition leaders made zero progress on Sunday as they pressed on with trying to form a new coalition, despite appeals from home and abroad for a rapid move to elections so the country can deal with its simultaneous economic and humanitarian crises. Conservative leader Evangelos Meimarakis spent the third and final day offered to him by...

  • ATHENS, Aug 23- Greek opposition leaders took things easy on Sunday in their quest for a new coalition, ignoring calls from home and abroad for a rapid move to elections so the country can deal with its simultaneous economic and humanitarian crises. The leisurely pace of coalition negotiations since Prime Minister Alexis Tsipras resigned on Thursday- after...

  • Why early elections are bad for Greece Friday, 21 Aug 2015 | 1:11 PM ET
    Alexis Tsipras

    Greek PM Tsipras has called for early elections. That may be good for Tsipras, but here's why it's bad for Greece, says Nicholas Economides.

  • *FTSEurofirst 300 has worst 1- day fall since Nov 2011. LONDON, Aug 21- European shares suffered their worst one-day fall in nearly four years on Friday as growing concerns over China's economy hit world markets. The index fell to its lowest level since January and had its worst one-day drop since a 3.44 percent slump in November 2011.

  • What Greece's new elections mean for the bailout Friday, 21 Aug 2015 | 11:56 AM ET

    ATHENS, Greece— Greece's prime minister, Alexis Tsipras, has resigned and called new elections— just as the country was starting to tap its new bailout package. While the move creates some uncertainties for the country's fragile economy, it is unlikely to derail its new bailout program, the only thing keeping Greece solvent and within the euro.

  • *China factory activity sinks to 6-1/ 2- year low. China's factory sector shrank at its fastest rate in almost 6-1/ 2- years in August, a private survey showed, pushing investors who fear China's sagging economy will translate into slower global economic growth to take refuge in gold and bonds. "Uncertainty about China growth is now the main swing factor in markets,"...

  • Snap election! What's next for Tsipras? Friday, 21 Aug 2015 | 11:15 AM ET
    Snap election! What's next for Tsipras?

    Dr Angelos Chryssogelos, academy senior fellow at Chatham House, explains why the most probable outcome for a Greek snap election would be a coalition government.

  • LONDON, Aug 21- Following are five themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them. China's bourses fell 11 percent this week, Asian stocks hit a 2- year low and the weakness is spilling over into developed markets- Germany's DAX is on track for its worst month since 2011 and the S&P 500 is now...

  • LONDON, Aug 21- European shares fell to a seven-month low on Friday, as growing concerns over China's economy hit world stock markets and many investors remained cautious over the near-term outlook. The Caixin/ Markit manufacturing index showed activity in China's factory sector shrank at its fastest pace in almost 6-1/ 2 years in August, heightening fears of a...

  • ATHENS, Aug 21- Rebels angered by Greece's international bailout walked out of the leftist Syriza party on Friday, formalising a widely-expected split after leader Alexis Tsipras resigned as prime minister to pave the way for early elections. Greece's president gave the conservative opposition a chance to form a new government, but the effort is almost...