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  • Greece asks Lazard to help sort out debt impasse Saturday, 31 Jan 2015 | 4:54 PM ET
    Supporters of opposition leader and head of radical leftist Syriza party Alexis Tsipras cheer at exit poll results in Athens, January 25, 2015.

    The Greek government has hired investment bank Lazard, a sign that Syriza is serious about restructuring its debt pile.

  • *Meetings in Paris, London, Rome planned. ATHENS, Jan 31- New Greek Prime Minister Alexis Tsipras, striking a conciliatory note on debt talks after a turbulent start to office, has called the European Central Bank chief to assure him that Athens was seeking an agreement. But facing growing disquiet from partners led by Germany, Tsipras rang European Central Bank...

  • Greek leader tamps down rhetoric, vows to pay off debts Saturday, 31 Jan 2015 | 1:06 PM ET

    ATHENS, Greece— A day after Greece appeared on a collision course with its creditors, new radical left Prime Minister Alexis Tsipras has tamped down the rhetoric by vowing to pay off debts and not act unilaterally. He also pledged to pay back Greece's debt to the European Central Bank and the International Monetary Fund, which, along with the European Commission,...

  • Italy's lawmakers elect Sergio Mattarella as president Saturday, 31 Jan 2015 | 5:29 AM ET

    ROME— Sergio Mattarella, a Constitutional Court justice widely considered to be above the political fray, was elected Saturday as Italy's president in the third day of balloting by lawmakers. He quickly set as priorities attention to his country's moribund economy and the need for unity in Europe's fight against a "new season of terror." Italy is mired in...

  • DIARY- Top Economic Events to Feb 12 Friday, 30 Jan 2015 | 7:01 PM ET

    SARASOTA, United States- Federal Reserve Bank of Atlanta Executive Vice President David Altig and Federal Reserve Bank of Dallas Senior Vice President Mine Yucel participate in "The Economic Outlook, Monetary Policy and Energy: Thoughts from Federal Reserve Research Directors" event hosted by the New College of Florida and the Global Interdependence...

  • ATHENS, Jan 30- The new leftwing government in Athens opened negotiations on its bailout package with European partners on Friday by flatly rejecting the expected extension of the programme and the international inspectors overseeing it. But the hour-long meeting appeared to do nothing to bridge the gap between Prime Minister Alexis Tsipras' government...

  • "I believe there are no problematic areas in the issue of bilateral cooperation between Germany and Hungary," Orban said Friday on state radio. The relationship with Germany is key to Budapest: Germany is by far Hungary's largest trading partner, accounting for around 25 percent of its foreign trade. For its part, Germany has considered Hungary an important...

  • Milan Expo 2015 tightening security after Paris attacks Thursday, 29 Jan 2015 | 10:31 AM ET

    MILAN— Expo 2015 officials have heightened security measures surrounding the world's fair in Milan, which is expected to attract more than 20 million visitors over six months, following the terror attacks in Paris, the event's commissioner said Thursday. "The events in Paris made us focus even more attention on security, but this is work we started a long time ago,"...

  • DIARY- Top Economic Events to Feb 11 Wednesday, 28 Jan 2015 | 7:01 PM ET

    FAIRFAX, United States- Federal Reserve Board Governor Daniel Tarullo speaks on "Advancing Macroprudential Policy Objectives" before the Office of Financial Research and Financial Stability Oversight Council 4th Annual Conference: Evaluating Macroprudential Tools: Complementarities and Conflicts "- 1745 GMT. SARASOTA, United States- Federal Reserve...

  • Fiat Chrysler profits drop but outlook brightens Wednesday, 28 Jan 2015 | 9:01 AM ET

    MILAN— The cost of buying the final stake of Chrysler weighed on the newly merged Fiat Chrysler Automobile's profits in the fourth quarter, but CEO Sergio Marchionne said Wednesday that the company is turning itself around. Not counting interest and taxes, earnings were in the black in all regions, which included a return to profits in Europe and Latin America.

  • Italy cracks down on 'ndrangheta crime syndicate Wednesday, 28 Jan 2015 | 9:00 AM ET

    Italy's chief anti-mafia prosecutor, Franco Roberti, described the move as an "historic" step in the fight against the mob during a news conference Wednesday in Bologna. Bologna Prosecutor Roberto Alfonso said the operation showed a new side of the' ndrangheta, which has already shown itself to have infiltrated northern Italy's economic and political fiber.

  • Trading ECB buying bombshell—1 week later Wednesday, 28 Jan 2015 | 7:00 AM ET
    A euro sign sculpture is seen in front of the headquarters of the European Central Bank (ECB) in Frankfurt, Germany.

    A European exporters ETF, U.S. Treasurys and even Norwegian oil companies are among the favorite plays from the cross-asset experts in this article.

  • La Scala expects Expo labor dispute to blow over Tuesday, 27 Jan 2015 | 10:16 AM ET

    MILAN— La Scala's general manager says he expects to find a solution to a union dispute over the opening concert for the world's fair Expo 2015 on May 1, which coincides with the traditional labor day holiday. The inaugural Expo concert was placed in doubt after the local CGIL labor federation last week called on its members who work at La Scala to join labor day...

  • LONDON, Jan 26- European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their position. "This is a slap at what I see as very right-wing economic policy in Europe," Finnish Foreign Minister...

  • ROME— Italy is making waves by turning stereotypes on their head— and selling the world its more serious side. People here are reacting with surprise at the possibility that Italy may have finally figured out how to market itself abroad— by acknowledging stereotypes only to show a different "Made in Italy" that Italians can be proud of. The ministry of economic...

  • LONDON, Jan 26- European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their position. "This is a slap at what I see as very right-wing economic policy in Europe," Finnish Foreign Minister...

  • The election result in Greece reflects a growing European backlash against austerity policies. Across the continent, support is growing for parties and groups outside the mainstream like Syriza, which triumphed in Greece on Sunday after pledging to renegotiate the country's huge bailout agreements. The Northern League party has seen its poll numbers rise...

  • ROME— Prosecutors asked a court to convict the captain of the Costa Concordia and sentence him to 26 years in prison Monday for the 2012 shipwreck off Tuscany that killed 32 people, saying the term is hardly excessive given the death toll. Prosecutor Maria Navarro also asked the court to detain Capt. Francesco Schettino again and seize his passport and...

  • LOS ANGELES— Like pilgrims flocking to a holy shrine, they come from all over the world to pay homage to that symbol of celebrity, the Hollywood Sign. "There will probably be 10,000 of them here this weekend," one homeowner, Guy Pohlman, complained as he recently watched a parade of cars pass his home. Peter's Basilica in Rome or the Acropolis in Greece, they press to get as...

  • LISBON, Portugal— The fate of the European Central Bank's aggressive plan to stimulate the economy out of stagnation lies with the 340 million people in the 19- country euro alliance. The ECB plans to pump more than 1 trillion euros in new money into the region's economy. —Mario Polegato, billionaire chairman of Italian shoe company Geox SpA:.