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  • *Greek ministers visit Frankfurt, Brussels, Paris. ATHENS/ BRUSSELS, May 5- Greece stepped up diplomacy with euro zone partners on Tuesday to try to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up. Ministers were travelling to Frankfurt, Brussels and Paris to plead for a loosening of...

  • The joint declaration, which is likely to antagonise Moscow, commits to the deal from Jan. 1, 2016, a date already a year later than planned as Russia seeks to oppose European efforts to integrate Ukraine and move it out of Moscow's sphere of orbit. But aside from the EU's show of support for Ukraine, the May 21-22 Eastern Partnership summit will offer little for...

  • Greece seeks breathing room from ECB chief Draghi Tuesday, 5 May 2015 | 6:59 AM ET

    FRANKFURT, May 5- Greek Deputy Prime Minister Yannis Dragasakis meets European Central Bank President Mario Draghi on Tuesday, as his government seeks financial breathing room to prevent a default and stay in the euro. With time running out for an interim agreement that Greek Prime Minister Alexis Tsipras had aimed for by May 9, Athens faces an immediate cash...

  • LONDON, May 5- Greek bond yields rose on Tuesday on reports that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns. The warning, reported in the Financial Times to have been made by the IMF's European head, Poul Thomsen, to euro zone finance ministers at their meeting in Riga last month,...

  • ATHENS/ BRUSSELS, May 4- Wide differences over pension and labour reforms continued to dog intensive negotiations between Greece's leftist government and its international creditors despite progress in other areas as the country's cash position becomes increasingly critical. Government spokesman Gabriel Sakellaridis sounded the alarm on Monday,...

  • ATHENS/ BRUSSELS, May 4- Wide differences over pension and labour reforms continued to dog intensive negotiations between Greece's leftist government and its international creditors despite progress in other areas as the country's cash position becomes increasingly critical. Government spokesman Gabriel Sakellaridis sounded the alarm on Monday,...

  • *China wants relationship with EU to go beyond trade. The outreach is a world away from the low-key approach adopted by Beijing since May 1975, when the first European commissioner went to China to establish ties for the bloc to add to most of its members' bilateral ties. "It is very encouraging that both China and the EU are taking full advantage of the 40th...

  • *Buffett defends 3 G cost-cutting, Clayton Homes. OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone. "It's not Disneyland, it's Warrenland," said David Rolfe, chief...

  • UPDATE 1-Airbus to file complaint in German spy scandal Thursday, 30 Apr 2015 | 2:03 PM ET

    BERLIN, April 30- Airbus Group said on Thursday it planned to complain to the German authorities over reports that the country's foreign intelligence agency had helped the United States to spy on it and other European firms. "We've asked the government for more information," an Airbus spokesman in Germany said. Earlier, when asked about the reports on a call with...

  • U.S. firms lead EU lobbying league Thursday, 30 Apr 2015 | 1:58 PM ET

    *Tech rivals Microsoft, Google among big lobbiers. BRUSSELS, April 30- U.S. companies, including tech rivals Microsoft and Google, were among leading spenders on corporate lobbying in Brussels last year, a Reuters review of new data showed. Oil majors Exxon Mobil of the United States and Anglo-Dutch Shell shared the top spot with Microsoft, with reported spending...

  • UPDATE 1-IMF says next Greek payment to Fund due May 6 Thursday, 30 Apr 2015 | 10:51 AM ET

    WASHINGTON, April 30- Greece's next payment to the International Monetary Fund, totaling some 200 million euros in interest payments, is due May 6 because of the May Day holiday in Greece, an IMF spokesman said on Thursday. He said the Fund did not have a "detailed" assessment of Greece's liquidity situation and hopes to get more information in the course of talks...

  • ANALYSIS-Absence of contagion changes whole Greek game Wednesday, 29 Apr 2015 | 3:00 PM ET

    LONDON, April 29- If fear of Europe- wide financial wildfire was Athens' trump card in its standoff with euro zone creditors- then the card has now turned up a dud. A reprise of 2010/ 2011 would have seen any threat of Greek default or euro exit infecting markets everywhere and sending government borrowing costs across Italy, Spain, Ireland and Portugal soaring,...

  • ATHENS, April 29- Euro zone officials will discuss Greece on Wednesday after Athens said it would present a list of reforms for legislation to show it is serious about acting on pledges to secure aid. They will then be assessed at a broader meeting of technical-level teams from Greece and the lenders in Brussels on Thursday, Greek government officials said.

  • LONDON, April 29- British consumer confidence fell this month for the first time since December, according to a survey that will disappoint Prime Minister David Cameron ahead of next week's national election. But his Conservative Party remains deadlocked in opinion polls with the main opposition Labor Party which says Britain remains in the grip of a cost of...

  • UNITED NATIONS, April 28- The European Union sought to reassure Libya on Tuesday that any action being considered by the 28- nation bloc to stem the deadly flow of migrants across the Mediterranean should not be perceived as an attack against the Libyan people. After up to 900 people drowned trying to reach Europe from Libya last week, EU leaders tripled a naval...

  • *Eurogroup chief says Greece needs loans, no time for referendum. But the head of euro zone finance ministers said Greece needed loans urgently and did not have time for such a vote, which would be a costly and destabilising distraction. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been deadlocked over their demands...

  • FOREX-Dollar slumps to 3-week low as traders await Fed Tuesday, 28 Apr 2015 | 7:45 AM ET

    LONDON, April 28- The dollar hit a three-week low on Tuesday as investors eyed a U.S. U.S. housing index data and consumer confidence numbers, due at 1300 GMT and 1400 GMT respectively, should provide the greenback with some near-term direction, analysts said, though the main focus will be on the Fed's statement at the end of its policy meeting on Wednesday.

  • *Greece needs lending to avert default. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been deadlocked over their demands for Greece to implement reform measures, including pension cuts and labour market liberalisation. Yet around half of investors expect Greece to leave the euro zone within the next 12 months, a...

  • LONDON, April 28- The euro hovered near a three-week peak on Tuesday, boosted by renewed hopes that cash-strapped Greece could secure extra funding and as the dollar remained weak ahead of a U.S. The euro rose late on Monday on news that Greek Prime Minister Alexis Tsipras had reshuffled his team handling talks with European and IMF lenders.

  • ATHENS, April 28- Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an early deal with international creditors, after shaking up his negotiating team and sidelining his outspoken finance minister who has infuriated euro zone partners. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been...