Europe Top News and Analysis Greece

  • *Poll shows Le Pen narrows election gap, French bonds sold. TOKYO, Feb 21- The dollar gained on Tuesday, taking its cue from higher U.S. The dollar rose 0.5 percent to 113.64 yen, moving back toward its two-week peak of 114.955 yen touched last Wednesday.

  • Expert: Everyone loves a good Greek drama but...

    Charles Dallara, vice chairman of Partners Group, says it will take years to correct structural problems in the Greek economy.

  • *Spot gold inched down 0.2 percent to $1,235.08 per. ounce at 0058 GMT, while U.S. gold futures also fell 0.2 percent to $1,236.2. *Holdings of the largest gold-backed exchange traded fund, New York's SPDR Gold Trust GLD, fell 0.28 percent on Friday from Thursday, while the largest silver-backed ETF, New York's iShares Silver Trust SLV, remained unchanged during the...

  • *Le Pen narrows gap, French bonds sold. *Progress in Greece aid talk gives euro some relief. The euro could face further pressure given there's still time before the election, "said Ayako Sera, market strategist at Sumitomo Mitsui Trust Bank.

  • *Lenders to send experts back to Greece to work out reforms. BRUSSELS, Feb 20- Greece and its international lenders agreed on Monday to let teams of experts work out new reforms to Greek pensions, income tax and labour market that would allow Athens to eventually qualify for more cheap loans, euro zone officials said. Greece needs a new tranche of financial aid under...

  • *Italy's Renzi resigns as head of ruling Democratic Party. A poll released on Monday showed Le Pen 16 points behind centrist Emmanuel Macron, down from 20 points previously for a potential second-round run off scheduled for May. Le Pen was 12 points behind conservative candidate Francois Fillon, from 14 points previously.

  • ATHENS, Feb 20- Euro zone finance ministers and Greece agreed on Monday to resume negotiations over its bailout review next week, and to be concluded swiftly afterwards, a Greek government official said. Greece accepted to legislate reforms which would be adopted from Jan. 1, 2019 onwards, on condition that the fiscal impact would be neutral, the official said.

  • BRUSSELS, Feb 20- Euro zone finance ministers will discuss on Monday what reforms Greece must make to release new loans from the bloc's governments and get the International Monetary Fund to join the bailout. But Belgian Finance Minister Johan Van Overtveldt said on entering the meeting that a deal with Greece should not be rushed because of the European...

  • Jeroen Dijsselbloem, president of the Eurogroup.

    Greece is on the path to recovery and anyone who thinks otherwise can talk to someone else, the Eurozone’s leading finance minister insists.

  • “I think it’s in our joint interests for the Greeks, the whole euro zone and the Netherlands that we have a stable recovery in Greece”, Eurogroup president Jeroen Dijsselbloem tells CNBC.

  • BERLIN/ ATHENS, Feb 20- Greece may need far less in bailout loans from international lenders because its finance are improving better than expected, the head the euro zone bailout fund was quoted on Monday as saying. Klaus Regling, the fund's managing director, told German newspaper Bild that at the end of Greece's money-for-reforms package in August 2018, the ESM...

  • BRUSSELS— Greece and its European creditors agreed Monday to resume talks on what economic reforms the country must make next in order to get the money it needs to avoid bankruptcy and a potential exit from the euro this summer. Greece's left-wing government has lost a lot of support as it legislated for more austerity in return for the bailout cash— it's about 15...

  • BERLIN, Feb 20- Greece will need less in emergency loans from international lenders than originally agreed in its third bailout programme due to a better-than-expected budgetary developments, the head of the euro zone bailout fund was reported on Monday as saying. Bavarian Finance Minister Markus Soeder called for a tougher stance in negotiations with...

  • Anti-austerity demonstrators hold up a giant Greek flag in front of parliament in Athens, July 22, 2015.

    It is a long shot to break the impasse on Greek debt at the Brussels meeting, but an agreement to continue talking could be the best outcome.

  • Greek debt can will be kicked down the road: Academic

    James Galbraith, professor at the University of Texas, says there's a fundamental difference in the way European creditors and the IMF see the Greek debt problem.

  • A farmer holds a Greek flag in front of the Greek Parliament during the protest against the government's tax and social security reforms on February 14, 2017 in Athens.

    It seems as if we have been here before: the euro zone fretting that a crisis with Greece will balloon out of all proportion.

  • Finance Minister Wolfgang Schaeuble (CDU) arrives for the weekly German federal Cabinet meeting on February 1, 2017 in Berlin, Germany.

    German Finance Minister Wolfgang Schaeuble denied that he had said Greece would have to leave the euro zone.

  • Greek debt is back in the spotlight

    Gabriel Stein, MD at 4CAST-RGE, says it is unlikely an agreement will come out of the meeting among EU finance ministers in Brussels today.

  • *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.