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Europe Top News and Analysis Greece

  • VALLETTA, April 7- Greece and its international lenders agreed on Friday on the key elements of reforms to unlock new funds and experts will now put finishing touches on the deal, the chairman of the euro zone finance ministers said. Greece is on its third bailout from euro zone governments since 2010. The latest review has dragged on since the middle of last year...

  • *Overdue bills reach 2.6 bln euros in crisis. ATHENS, April 6- Kostas Argyros's unpaid electricity bills are piling up, among a mountain of debt owed to Greece's biggest power utility. His family owe 850 euros to the Public Power Corporation, a tiny fraction of the state-controlled firm's 2.6 billion euros in unpaid bills.

  • to $1,260.80 and was last up 0.7 percent at $1,257. *On Tuesday, spot gold hit its highest since Feb. 27 at $1,261.15. *Topping the agenda at Trump's Mar-a-Lago resort in Florida will be whether he makes good on his threat to use U.S.- China trade ties to pressure Beijing to do more to rein in its nuclear-armed neighbor North Korea.

  • *Deal elusive as Greece, lenders remain at odds. ATHENS/ BRUSSELS, April 5- Greece and its international lenders remained at odds in talks to release fresh bailout loans to Athens on Wednesday as Prime Minister Alexis Tsipras said a deal was needed this week and accused creditors of' playing games' and causing delays. Talks between Greece, the European Union and...

  • ATHENS, April 5- Greece and its lenders must reach a deal on a long-stalled bailout review at a meeting of euro zone finance ministers on Friday, the country's Prime Minister Alexis Tsipras said on Wednesday, blaming creditors for unwarranted delays. Talks between Greece, the European Union and the Washington- based International Monetary Fund have dragged on...

  • Euro zone creditors, led by Germany, want Greece to adopt new reforms on pensions and the labour market in exchange for new loans, needed by Athens to pay debt due in July. As talks continue in Brussels among Greece and its creditors ahead of a regular meeting of euro zone finance ministers on Friday, Moscovici said that reaching a deal required "difficult political...

  • ATHENS, April 3- A new rift between Athens and the International Monetary Fund over pensions and labour reforms has dealt a blow to an initial accord, dashing hopes for a bailout review deal before a meeting of euro zone finance ministers this week. Talks between Athens, the European Union and the Washington- based IMF have dragged on for months due to differences...

  • ATHENS, March 31- Euro zone deputy finance ministers have recommended Greek bailout review talks continue in Athens, a government official said on Friday, as Athens and its creditors seek a deal on reforms to unlock aid. The technical teams of the lenders, the European Union and the International Monetary Fund, are expected to make a final decision later on Friday...

  • ATHENS, March 30- Crowds of protesters gathered outside court chamber 7 in central Athens one recent Wednesday, unfurling a huge banner before they moved swiftly to block the entrance. But Greece is a country where the right to protest is considered sacrosanct, so the activists come back, week after week. Advocating civil disobedience, I Won't Pay emerged in 2012,...

  • BRUSSELS, March 29- Greece's lenders on Wednesday could not confirm what sources said was a preliminary deal on open issues of the country's bailout and said possible debt relief measures will be decided only at the end of the financial aid programme, contrary to Athens' will. Negotiations between Greece, the European Union and the International Monetary Fund-...

  • Europe could be on track to encounter a shock wave up to five times as turbulent as the start of the euro zone debt crisis if Le Pen wins; UBS.

  • Fears around a 'Grexit' or 'Italgo': Mark Grant

    Mark Grant, Hilltop Securities chief strategist, discusses the global risks to markets like possible exits from the European Union from Greece or Italy.

  • Differences between Athens, the EU and the IMF over how Public Power Corp will relinquish its dominance of the Greek market are a stumbling block to concluding a bailout review that would unlock fresh loans for cash-strapped Greece. Under terms of Greece's 86 billion euro 2015 bailout deal PPC is obliged to reduce both to less than 50 percent by 2020..

  • President Donald Trump speaks to members of the media as Vice President Mike Pence looks on, in the Oval Office in Washington, D.C., on March 27, 2017.

    The two politicians' trajectories are more similar than one might think, a strategist told CNBC.

  • Why Trump's fate could equal that of Tsipras

    Vasileios Gkionakis, head of global FX strategy at UniCredit, adds that "populism relies on hearsay."

  • ATHENS, March 25- Greece has received three binding bids for a majority stake in its second-largest port in Thessaloniki, the country's privatizations agency said on Saturday. Phillipines-based International Container Terminal Services, Dubai- based P&O Steam Navigation Company and German private equity firm Deutsche Invest Equity Partners submitted...

  • BRUSSELS, March 24- The European Commission President Jean-Claude Juncker said on Friday euro zone lenders and Greece should reach a technical deal before a meeting of euro zone finance ministers on April 7. The IMF is pushing Greece to adopt such reforms as a condition to join an 86 billion euro bailout programme, so far funded only by euro zone creditors.

  • BRUSSELS, March 24- The European Commission President Jean-Claude Claude said on Friday euro zone lenders and Greece should reach a technical deal before a meeting of euro zone finance ministers on April 7. The IMF is pushing Greece to adopt such reforms as a condition to join an 86 billion euro bailout programme, so far funded only by euro zone creditors.

  • *Greece estimates it at 3.5 pct, higher than 0.5 pct target. BRUSSELS, March 24- Euro zone lenders estimate Greece had a primary surplus between 2 and 3 percent of its gross domestic product last year, much higher than the target set under its bailout programme and more than previously forecast, an EU official told Reuters on Friday. Under Greece's 86 billion euro...

  • The size of Greece's primary surplus- the budget balance before debt-servicing costs- is a source of contention between euro zone governments and the International Monetary Fund, which believes the surplus in 2016 was only 0.9 percent. Under Greece's 86 billion euro bailout programme, the third since 2010, Athens was supposed to reach a primary surplus of 0.5...