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  • Merkel urges Tsipras to accept "generous" offer Friday, 26 Jun 2015 | 8:47 AM ET

    BRUSSELS, June 26- German Chancellor Angela Merkel urged Greek Prime Minister Alexis Tsipras on Friday to accept a "generous" offer from his country's creditors, saying it was now up to Athens to take a step in the direction of its euro zone partners. "We have taken a step towards Greece," Merkel said at a news conference in Brussels. "Now it is up to the Greek side to take a...

  • Chancellor Angela Merkel and President Francois Hollande, whose countries are Athens' two biggest lenders, held a 45- minute private meeting with Tsipras before the final session of a European Union summit at which they went through details of immediate funding for Greece if it would sign the deal. It said Greece could have 15.5 billion euros in EU and IMF...

  • BEIJING, June 26- China offered a vote of confidence in the euro zone on Friday, saying that it was sure Greece's talks with creditors to avoid defaulting on its debt would go positively, ahead of Premier Li Keqiang's visit to Europe next week. "China would like to see Greece remain in the euro zone and appreciates the relevant parties' efforts in this regard."

  • BEIJING, June 26- China said on Friday that it was confident Greece's talks with creditors to avoid defaulting on its debt would go positively, in comments made ahead of Premier Li Keqiang's visit to Europe next week. "China would like to see Greece remain in the euro zone and appreciates the relevant parties' efforts in this regard. China sees Greece's strategic...

  • British bid underway to revamp relationship with EU Friday, 26 Jun 2015 | 5:13 AM ET

    BRUSSELS— Britain's attempt to forge a new relationship with the European Union has officially started— with positive words but little detail, and months of tough negotiations ahead. Britain will hold a referendum on EU membership by the end of 2017, and Cameron wants major changes to the U.K.' s relationship with the 28- nation bloc as a condition of remaining in.

  • ATHENS, Greece— Greece's fraught bailout talks with its creditors took a dramatic turn early Saturday, with the radical left government announcing a referendum in just over a week on the latest proposed deal— and urging voters to reject it. The move radically raises the stakes in Greece's confrontation with its increasingly irate creditors, whom Tsipras...

  • PARIS— France's president wants Uber's cheapest car service shut down and its vehicles seized, but Uber refuses to stop the service until a ruling by the country's top court. The standoff, and a violence-marred taxi strike that upended Paris travel, reflects larger tensions in France over how to regulate fast-moving technology and stay globally competitive...

  • Asia oil pricing change to raise trade volumes Thursday, 25 Jun 2015 | 11:44 PM ET

    The change in how fuel oil, diesel, jet fuel and gasoline are assessed for loadings out of Singapore and Malaysia takes a borderless approach similar to that in the world's largest oil storage hub Amsterdam- Rotterdam- Antwerp. The main change is that from July in Platts' free-on-board Singapore price assessments- the basis for most contract and spot deals done in...

  • *Euro, dollar stuck in tight range as Greece sidelines investors. TOKYO, June 26- Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted in narrow range as the debt saga sidelined investors. MSCI's broadest index of Asia-Pacific shares...

  • BRUSSELS, June 26- European Union leaders meeting in Brussels have a daunting list of long-running crises on their plates-- notably migrants crowding in at their southern borders, Russia growling in the east, Britain's threat to quit and a desperate need to create jobs. One quipped it was no longer Britain for dinner but " Greece for dinner." Plunged into crisis by the...

  • BRUSSELS, June 25- German Chancellor Angela Merkel told fellow European center-right party leaders on Thursday there must be a debt deal with Greece before financial markets reopen on Monday, two participants in the meeting said. She also told the closed-door gathering of leaders of the European People's Party before an EU summit in Brussels that Germany "...

  • *Aim to finalize Paris position in September. EU environment ministers meet on Sept. 18 in Brussels to iron out their joint position ahead of the U.N. talks in Paris in December. The Paris climate agreement must be "legally binding in order to enshrine the strongest expression of political will and provide predictability and durability," says the EU ministers'...

  • *Greece for dinner, Britain for dessert- one official. BRUSSELS, June 25- Prime Minister David Cameron will tell European Union leaders on Thursday he needs a new deal to keep Britain inside the bloc, opening an argument over its future at a summit preoccupied with keeping Greece from crashing out. Freshly re-elected last month, Cameron faces difficult...

  • From menu of crises, Greece risks eating Europe's dinner Thursday, 25 Jun 2015 | 12:15 PM ET

    *Euro zone showdown with Greece could eat up time at summit. BRUSSELS, June 25- European Union leaders faced a daunting list of crises as they began their summit on Thursday, notably migrants crowding in at their southern borders, Russia growling in the east, Britain's threat to quit and a desperate need to create jobs. But a battle of wills between Greece and its...

  • *Syriza accuses lenders of wanting to "annihilate" Greece. BRUSSELS, June 25- Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on Saturday to avert a default next week amid fears of financial market turmoil. German Chancellor Angela Merkel told centre-right party leaders there must be a deal on...

  • In Greece, talk of dark agenda behind debt deadlock Thursday, 25 Jun 2015 | 11:35 AM ET

    *Speculation of conspiracy against Greece moves into mainstream. ATHENS, June 25- Warnings of dark forces bent on pushing Greece out of the euro and its leftist government out of power have increasingly moved from the fringes towards the mainstream, as talks in Brussels to secure vital bailout funds enter their final phase. "It is now clear that a strong European...

  • LONDON, June 25- The European Union's plan for a unified capital market needs more work to protect investors from losses if it is to provide the economic boost policymakers' are hoping for, a top British regulator said on Thursday. Martin Wheatley, chief executive of the Financial Conduct Authority, said the planned Capital Markets Union was a laudable aim, but...

  • BRUSSELS, June 25- German Chancellor Angela Merkel told European centre-right party leaders on Thursday there must be a debt deal with Greece before financial markets reopen next Monday, two participants in the meeting said. She also told the closed-door meeting of leaders of the European People's Party before an EU summit in Brussels that Germany "will not be...

  • BRUSSELS— Finnish finance minister Stubb says eurozone meeting is over without overall deal on Greece.

  • European shares recover despite Greece unease Thursday, 25 Jun 2015 | 9:28 AM ET

    *Endesa up after report of private-equity interest. *Hennes& Mauritz slips after warning on dollar. LONDON, June 25- European shares trimmed losses in late trading on Thursday as talks began in Brussels on a financing-for-reforms deal with Greece to avert a fast-approaching possible debt default.