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  • BRUSSELS, July 7- Following are comments from euro zone leaders arriving in Brussels for an emergency summit on Greece. I'm very cheerless about this summit and I'm very cheerless about the fact whether Greece wants to come with proposals at all. The fate of Greece in the euro and the responsibility is in Athens, not here.

  • The idea of putting Greece's euro membership on hold- a temporary' Grexit'- was recently raised by Germany's finance minister Wolfgang Schaeuble. But a suggestion by Yannis Varoufakis, who quit on Monday as Greece's finance minister, that Athens might issue IOUs like the state of California did during a budget impasse in 2009, could amount to the same thing.

  • *Euro zone summit on Greece proposal to start at 1600 GMT. *Shake Shack falls after Morgan Stanley rating cut. July 7- U.S. stocks opened higher before quickly reversing course on Tuesday morning, setting the stage for another volatile session as investors await the outcome of a euro zone summit that will attempt to find a solution to the ongoing debt crisis in...

  • GREECE: Greece and its creditors are holding talks in Brussels on Tuesday to discuss how to keep the country from falling out of the euro. Analysts say Greece has little time left before its banks run out of cash. RESPONSE: "It's all Greece all the time," said Burt White, chief investment officer at LPL Financial.

  • LONDON, July 7- Gold fell to a near four-month low on Tuesday as the dollar climbed ahead of an emergency euro zone summit on Greece with the country's banks rapidly running out of cash. Gold, usually seen as an alternative investment in times of financial and economic uncertainty, has so far failed to see significant safe-haven buying due to the ongoing Greek...

  • NEW YORK, July 7- The euro dropped to a five-week low against a buoyant U.S. dollar on Tuesday, after the European Central Bank left emergency liquidity aid for Greek banks at current levels but increased the haircuts on the collateral it demands. "Markets seem to be losing patience and faith in the Athens' debt crisis ending with Greece's banks intact and the...

  • BRUSSELS— Top official: eurozone' broadly' agrees any new Greece program must go beyond short term.

  • *Euro zone summit on Greece proposal to start at 1600 GMT. *Shake Shack falls after Morgan Stanley rating cut. July 7- Wall Street was set to open slightly higher on Tuesday ahead of a euro zone leaders summit at which Greece will bring a proposal in a last-ditch bid to secure an aid package to keep the country in the currency club.

  • *Europe shares dip as Greece summit awaited. LONDON, July 7- European stocks fell and the euro hit a five-week low against the dollar on Tuesday before a euro zone summit to discuss the Greek debt crisis, while a fall in Chinese shares reminded investors of other clouds on the horizon. Failure to reach a deal would make it more likely Greece will drop out of the euro.

  • Euro-area leaders and finance ministers are meeting in Brussels to discuss Greece and a lack of progress could put pressure on the euro. European Commission President Jean-Claude Juncker told the European Parliament on Tuesday Greece's government must come forward with proposals to resolve its debt crisis. He said he still opposed calls for Greece to exit...

  • July 7- U.S. stock index futures rose on Tuesday ahead of a euro zone leaders summit at which Greece will bring a proposal in a last-ditch bid to secure an aid package to keep the country in the currency club. *Greek lenders are down to their last few days of cash and the European Central Bank has tightened the noose on funding, putting pressure on Greek Prime Minister...

  • *Bild urges Merkel to be tough at Greece summit. The first point in the plan: the immediate exit of Greece from the euro zone. And her centre-left coalition partners, the Social Democrats, are also talking tough these days, limiting Merkel's room to forge compromises with Greek Prime Minister Alexis Tsipras that would keep Greece in the currency bloc.

  • Euro-area leaders and finance ministers are meeting in Brussels to discuss Greece and a lack of progress could put pressure on the euro. European Commission President Jean-Claude Juncker told the European Parliament on Tuesday Greece's government must come forward with proposals to resolve its debt crisis. He said he still opposed calls for Greece to be...

  • STRASBOURG, July 7- Jean-Claude Juncker, the EU's chief executive, chided the Greek government and his own German critics on Tuesday and pledged to counter those he said were secretly trying to force Greece out of the euro zone. In a speech to the European Parliament in Strasbourg ahead of a crunch euro summit in Brussels later in the day, the European Commission...

  • *Europe shares recover as Greece summit awaited. Failure to reach a deal would increase the likelihood of Greece leaving the single currency. "The rest of Europe is ring fenced from what's going on in Greece.

  • That kept alive fears Greek banks will soon run out of cash and that Greece's problems will spread to other Southern European countries. Euro-area leaders and finance ministers are meeting in Brussels to discuss Greece. European Commission President Jean-Claude Juncker told the European Parliament on Tuesday Greece's government must come forward with...

  • BRUSSELS/ ATHENS, July 7- Greece faces a last chance to stay in the euro zone on Tuesday when Prime Minister Alexis Tsipras puts proposals to an emergency euro zone summit after Greek voters resoundingly rejected the austerity terms of a defunct bailout. The leaders of Germany and France, the currency area's two main powers, said after conferring on Monday that...

  • The eurozone's top official says Greece would make a proposal to tap Europe's bailout fund, the European Stability Mechanism, as soon as Wednesday. Dijsselbloem said he "broadly agreed" that Greece needs more than a short-term financial fix. The eurozone, he added, would first have to assess the financial situation in Greece before deciding to start talks on a...

  • Tsipras faces intense pressure from creditors abroad and banks at home who all demand what Greece lacks: money. With Greece's future in the European Union and its euro currency at stake, a Monday meeting between German Chancellor Angela Merkel and French President Francois Hollande in Paris set the tone for the Brussels talks. Tsipras scored a bigger than...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT. PARIS- Bank of France Governor Christian Noyer is due to speak about EU capital markets union at a financial sector conference- 0700 GMT. FRANKFURT- German's Bundesbank Board member Joachim Nagel to speak on "Asset Management of Public Pension Funds"- 1400 GMT.