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  • Greek leftist dissenters fume over Tsipras concessions Tuesday, 23 Jun 2015 | 10:58 AM ET

    *Greek PM to struggle to sell concessions to his party. ATHENS, June 23- Word of concessions by Greek Prime Minister Alexis Tsipras in Brussels had barely reached Athens on Monday when one of his own party's lawmakers, Yannis Michelogiannakis, had already decried them as a "tombstone" for Greece. Michelogiannakis, a former Socialist and doctor who made headlines by...

  • CORRECTED-Crisis? What crisis? Russia stalls on reform Tuesday, 23 Jun 2015 | 10:36 AM ET

    MOSCOW, June 23- Russia's interest rates are high and inflation is racing, but all the while his country slides into recession, President Vladimir Putin denies any economic crisis. It may be bravado linked to Moscow's standoff with the West over Ukraine. But with the European Union extending sanctions on Russia and the price of oil still low, Putin's refusal to...

  • Crisis? What crisis? Russia stalls on reform Tuesday, 23 Jun 2015 | 9:57 AM ET

    MOSCOW, June 23- Russia's interest rates are rising and inflation is racing, but all the while his country slides into recession President Vladimir Putin denies any economic crisis. It may be bravado linked to Moscow's standoff with the West over Ukraine. But with the European Union extending sanctions on Russia and the price of oil still low, Putin's refusal to...

  • MOSCOW, June 23- Russia needs a more conservative approach towards its reserves, the central bank said on Tuesday, noting risks to financial stability from limited access to foreign capital, tighter U.S. monetary policy and volatile oil prices. The bank said in its Financial Stability Review that Russia was well hedged against global markets imbalances, but the...

  • The number of riot police also increased, and helmeted officers holding shields stood shoulder-to-shoulder to block the protesters from moving farther down the central avenue in Yerevan. Yerevan's deputy police chief, Valery Osipyan, told the crowd that all of the nearly 240 protesters detained early Tuesday had been released, one of the demonstrators'...

  • *Russia denies seeking confrontation over Ukraine. MUENSTER, Germany, June 22- The United States said on Monday it would contribute special operations forces, intelligence and other high-end military assets to a new NATO rapid response force that aims in part to deter any future actions by Russia. Russia's intervention over Ukraine has put NATO allies in...

  • MOSCOW— The Russian state-controlled company building the country's new space center has dismissed a sub-contractor after it failed to pay wages to more than 80 workers, leading them to go on strike to call attention to their plight. The problems are just the latest to befall the construction of the Vostochny Cosmodrome, which will give Russia its own facility...

  • London, June 22- A world anti-money laundering body has deleted all trace of an alert it issued last week warning that financial institutions had not done enough to police suspicious financial activity by officials at FIFA, soccer's global governing body. The alert, on the website of the Paris- based Financial Action Task Force, was originally posted on June 16,...

  • MOSCOW, June 22- Russia plans to extend a ban on Western food imports for six months starting from early August and may add new products to the list, in retaliation to extended European sanctions against Moscow, officials said on Monday. European Union foreign ministers extended economic sanctions against Russia until Jan. 31 on Monday, keeping up pressure on...

  • LONDON, June 22- A committee of Ukraine's bondholders said on Monday that a debt restructuring plan proposed by Kiev was based on IMF estimates that were not yet publicly available, adding it hoped to meet with the Fund and Ukraine's government soon. Ukraine is negotiating with foreign bondholders to restructure $23 billion of debt as part of a broader...

  • MOSCOW, June 22- Russian President Vladimir Putin has signed a decree on transferring a 25 percent plus one share stake in medium-sized oil producer Bashneft to the region of Bashkortostan, Interfax news agency said on Monday. A Moscow court transferred shares in Bashneft from Sistema- a conglomerate owned by billionaire businessman Vladimir Yetuvshenkov-...

  • EU extends sanctions against Russia by 6 months Monday, 22 Jun 2015 | 4:01 AM ET

    LUXEMBOURG— The European Union on Monday extended economic sanctions against Russia until January to keep pressure on Moscow over the conflict in eastern Ukraine, drawing a rebuke and a warning of retaliation from Russian officials. An EU statement said the decision was taken without debate by the bloc's foreign ministers at a meeting in Luxembourg, in...

  • CARACAS, June 21- Venezuelan state oil company PDVSA said on Sunday it had signed a raft of investment agreements with top Russian oil producer Rosneft, including a plan to create a joint venture to produce natural gas in the South American country. The "Strategic Plan for Investments" also includes development of new infrastructure to improve the existing oil...

  • Greece to bring more to the table in talks: Minister Saturday, 20 Jun 2015 | 4:43 AM ET
    Greek Prime Minister Alexis Tsipras walks with European Commission President Jean-Claude Juncker (left) ahead of a meeting at the EU Commission headquarters in Brussels, Belgium, June 3, 2015.

    Greece will try to bring more to the table in talks over its debt, a Greek minister said, as fears the country may leave the euro zone build.

  • Greece plays the Putin card Friday, 19 Jun 2015 | 4:20 PM ET
    Greece plays the Putin card

    Nina Khrushcheva, Milano International Affairs Dean, discusses whether Russia can help Greece avoid a default.

  • ST PETERSBURG, Russia, June 19- President Vladimir Putin boasted on Friday that Russia had found the "inner strength" to prevent sanctions causing a deep economic crisis, and told the West to stop using "the language of ultimatums." Investment in Russia has slowed to a trickle, capital flight has risen and the economy has been sliding into recession since oil prices...

  • ATHENS/ LUXEMBOURG, June 19- The European Central Bank expanded emergency funding for Greek banks as savers pulled out 1.2 billion euros in a single day on Friday, bankers said, but Prime Minister Alexis Tsipras insisted the nation's future in the euro was secure. With the country edging closer to default at the end of this month, the leftist leader assured Greeks...

  • Greek Prime Minister Alexis Tsipras meets Russian President Vladimir Putin on April 8 2015

    Tsipras highlights importance of his country's relationship with Russia as he shares stage with Putin at a key economic summit.

  • ST PETERSBURG, Russia, June 19- President Vladimir Putin said on Friday Russia had a "sufficient supply of inner strength" to overcome its economic problems and assured investors that his country remained open to business with the West. Addressing foreign and Russian business leaders at an economic conference in the city of St Petersburg, Putin set out no new...

  • EU extends trade and investment ban on Crimea Friday, 19 Jun 2015 | 8:21 AM ET

    *Ministers expected to extend economic sanctions on Russia. BRUSSELS, June 19- EU governments extended for a year a ban on trade and investment with Crimea on Friday, meaning European help for Russian Black Sea oil and gas exploration and visits by European cruise ships will remain outlawed. The measures were adopted following Russia's annexation of Ukraine's...