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  • ATHENS, Greece— Greece's central bank governor says it is "very important" for next week's meeting of eurozone finance ministers, set for Monday in Brussels, to go well for Greece. The 19 finance ministers are to discuss how much progress Greece has made since the financially stricken country sent the ministers a list of reforms late last month to win a four-month...

  • *Bundesbank chief: failure to fine Paris a "political bazaar". *Berlin, Brussels fear bolstering Hollande's anti-EU rivals. BRUSSELS, March 6- France, Germany and the European Commission believe leaving Paris unpunished for persistently failing to curb its budget deficit was a wise compromise that bolsters the euro.

  • EU urges Russia to forget old gas contract with Ukraine Thursday, 5 Mar 2015 | 11:24 AM ET

    BRUSSELS— The European Union is concerned that Russia might want to enforce its old gas contract with Ukraine once their current arrangement runs out, saying it could contravene Moscow's peace obligations. Russia and Ukraine agreed a truce this week in their latest natural gas price dispute that will ensure supplies until the end of March.

  • Gas has become a double-edged sword in the dispute between Ukraine and Russia after Moscow's seizure of Crimea a year ago. Russia needs the European Union as its biggest market, while the EU relies on Russia for roughly a third of its gas, of which some 40 percent is shipped via Ukraine. But EU efforts to follow a winter gas deal with an agreement to guarantee Russia...

  • BRUSSELS— Spain has welcomed a new agreement to connect its energy network with those in Portugal and France as a major step toward breaking Europe's dependence on Russian gas supplies. He said the MIDCAT project linking gas infrastructure through Spain's northeast Catalonia region to southern France would help ensure that " Europe reduces its dependence...

  • DIARY-Top Economic Events to March 18 Wednesday, 4 Mar 2015 | 7:01 PM ET

    TEXAS- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Reflections on 10 Years at the Fed& Farewell, El Paso" before a community forum hosted by the Federal Reserve Bank of Dallas El Paso Branch- 0000 GMT. SYDNEY- Reserve Bank of Australia Deputy Governor Philip Lowe speaks at the Goldman Sachs 10th Annual Global Macroeconomics Conference- 0130...

  • Merkel dampen talk of 3rd Greek bailout Wednesday, 4 Mar 2015 | 9:44 AM ET

    BRUSSELS— German Chancellor Angela Merkel and the president of the European Union's executive branch cautioned Wednesday against speculation that Greece will need a third financial bailout. Greece and its creditors recently agreed a four-month extension to Athens' second bailout to June. De Guindos later said Greece will need a new accord or program if it...

  • DIARY-Top Economic Events to March 17 Wednesday, 4 Mar 2015 | 12:01 AM ET

    LAKE FOREST, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before the Lake Forest-Lake Bluff Rotary Club 2015 Economic Breakfast- 1400 GMT. KANSAS CITY, United States- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy at an event hosted by...

  • BRUSSELS, March 3- The European Bank for Reconstruction and Development will launch a five-year programme of loans and investments in Greece that EU governments hope can foster enterprise and growth to help revive an economy hobbled by public-sector debt. Suma Chakrabarti, president of the London- based EBRD, told reporters in Brussels that all its 66 state...

  • Sirleaf told fellow regional leaders and delegates at an international conference on Ebola in Brussels that restoring economic growth in Liberia, Guinea and Sierra Leone is a long-term and costly task. She said that "the most important long-term response to Ebola rests on plans and strategies for economic recovery," adding that "this will require significant...

  • BRUSSELS— The European Union's environment body says the 28 member states need to do more to meet long-term environmental goals, including targets for greenhouse gas emissions. The European Environment Agency said in its five-yearly report released Tuesday that the EU's level of ambition "may be inadequate to achieve Europe's long-term environmental...

  • DIARY-Top Economic Events to March 15 Monday, 2 Mar 2015 | 7:01 PM ET

    LONDON- Bank of England's Paul Fisher speaks at the Economist's Insurance Summit 2015- 0910 GMT. LONDON- Bank of England's Anthony Habgood and Governor Mark Carney appears before Treasury Select Committee- Grabiner Report- 1000 GMT. LAKE FOREST, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and...

  • *Greece says can overcome immediate funding crunch. MADRID/ ATHENS, March 2- Euro zone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain's economy minister said on Monday, but EU officials said there were no such talks. Speaking at an event in Pamplona, northern Spain, Economy Minister Luis de Guindos said the new rescue...

  • MADRID— Spain created hours of confusion over the future of Greece's troubled finances Monday by announcing that eurozone nations were negotiating a third Greek bailout of up to 50 billion euros, then backtracking by saying the prospect of such a bailout is merely hypothetical. The high profile sequence of events began when Spain's Economy Ministry said...

  • BRUSSELS— The European Union is giving member states the power to ban the cultivation of genetically-modified crops even if they have been approved by the bloc's food safety authority. Mute Schimpf of Friends of the Earth Europe says the new law "is a massive opportunity for national governments to shut the door on biotech crops in Europe."

  • BRUSSELS— The European Union has approved new rules that clamps down on the use of flimsy plastic bags that are hazardous for the environment. The 28 member nations on Monday gave final approval to the rules that mean consumers may be obliged to use sturdier, re-usable bags or face extra charges. Member states are required to reduce the use of such plastic bags by...

  • BRUSSELS— Russia and Ukraine reached an agreement late Monday to ensure natural gas supplies to war-torn Ukraine for the month of March, averting possible cuts that could have hit supplies to the European Union. "I am satisfied that we managed to safeguard the full application of the winter package for the supply needs in Ukraine," said EU energy chief Maros...

  • ROME— The leader of Italy's Northern League brought his anti- Europe, anti-immigrant agenda to Rome Saturday, filling a vast square in the capital with thousands of his supporters and positioning his regional movement for a bid to become a national right-wing force. Salvini's railing against the European Union prompts comparisons to French National Front...

  • ATHENS, Feb 27- Greek Prime Minister Alexis Tsipras denied on Friday that his country would have to seek a third international bailout when a four month extension to its current programme expires. Tsipras also said the government had requested a reduction in the country's debt, even though EU/IMF creditors insist Greece must meet its obligations in full.

  • EU and Cuba to restart talks after cultural dispute Friday, 27 Feb 2015 | 1:26 PM ET

    BRUSSELS, Feb 27- Cuba and the European Union will hold a third round of talks in Havana next week aimed at increasing trade, investment and political dialogue after overcoming a dispute that delayed the negotiations, an EU official said on Friday. EU officials suspect that Havana may not have felt ready for a third round last year because they were due to discuss...