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  • ATHENS, May 23- Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity. After four months of talks with its euro zone partners and the International Monetary Fund, Athens is...

  • PM: Greece will not accept 'humiliating' bailout terms Saturday, 23 May 2015 | 9:10 AM ET

    ATHENS, Greece— Greece is ready to accept a "viable and long-lasting" deal with lenders but not on "humiliating terms," Prime Minister Alexis Tsipras told his ruling Syriza party on Saturday. Syriza's first four months in power have been dominated by negotiations with the heavily indebted country's creditors, including the European Union and the International...

  • LONDON, May 22- German bond yields headed for their first weekly fall in five weeks on Friday as the market focused again on central banks' continued use of heavy stimulus, which is helping to bring stability after weeks of violent price swings. Greece was the exception in the European bond market, as its yields rose after the latest talks with creditors failed to...

  • *Bundesbank chief says can't always be about buying Greece time. RIGA, May 22- European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles. The leaders offered help, but told Tsipras to get back to...

  • Tsakos tops Street 1Q forecasts Friday, 22 May 2015 | 8:31 AM ET

    ATHENS, Greece _ Tsakos Energy Navigation Ltd. on Friday reported first-quarter profit of $37.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. Seven analysts surveyed by Zacks expected $111.6 million.

  • *Says can't simply buy Greece more time. Asked about calls from beyond Europe for other EU countries to help Greece and calm financial markets, Weidmann said: "This can't always simply be about simply buying Greece more time." "The prospect of a sustainable stabilisation of Greece is decisive," Weidmann told Reuters in written responses to questions ahead of next...

  • Merkel and French President Francois Hollande spoke for about two hours with their Greek counterpart, Alexis Tsipras, at a summit in Latvia in an effort to pave the way for a deal to get Greece more loans. The "friendly and constructive exchange" came after a leading official from Tsipras' party warned that Greece will not be able to repay a loan to the International...

  • Will June 5 be D-Day for Greece?   Thursday, 21 May 2015 | 8:46 PM ET
    Will June 5 be D-Day for Greece?

    Derek Halpenny, European head of Global Markets Research at Bank of Tokyo-Mitsubishi UFJ, says June 5 could be D-Day for Greece if it fails to make a payment to the International Monetary Fund.

  • FOREX-Dollar nurses losses after U.S. data disappoints Thursday, 21 May 2015 | 8:19 PM ET

    *Profit-taking emerges ahead of UK, US holidays. SYDNEY/ TOKYO, May 22- The dollar nursed modest losses early on Friday, after snapping three days of gains as unimpressive data prompted light profit-taking ahead of speeches by major central bankers and holidays in Britain and the United States. In Asia, the Bank of Japan's policy review at the conclusion of its...

  • RIGA, May 22- Greek Prime Minister Alexis Tsipras held talks on Athens' debt crisis with the German and French leaders but won little more in public than a reminder he needs to do more to secure funds urgently needed to avert bankruptcy. They agreed on the need for the Greek authorities to continue their work with the three institutions, "German and French officials...

  • Rising investor complacency is a concern: Pro   Thursday, 21 May 2015 | 6:08 PM ET
    Rising investor complacency is a concern: Pro

    Erik Davidson, CIO at Wells Fargo, says investors are getting increasingly complacent amid Greek uncertainty and looming rate hikes in the U.S.

  • Fischer: Euro zone survival virtually assured Thursday, 21 May 2015 | 2:24 PM ET
    Stanley Fischer

    Fischer on Thursday said the euro zone crisis had made the monetary union stronger and proved that the ECB can carry out effective policy.

  • Greece in bond market: Off the radar?   Thursday, 21 May 2015 | 11:35 AM ET
    Greece in bond market: Off the radar?

    Alix Stewart, fund manager of fixed income at Schroders, discusses how much the bond markets have priced in Greece's situation.

  • *G7 ministers to discuss Greece, yuan, growth, bubbles. BERLIN, May 21- German Finance Minister Wolfgang Schaeuble has told Reuters the Greek government's optimism about clinching a cash-for-reforms deal with its lenders within days is not backed up by the negotiations, and he cannot rule out Greece becoming insolvent. But Schaeuble said reports from the...

  • *Shanghai stocks focus on potential positives of weak China PMI. LONDON, May 21- World shares hovered near record highs on Thursday after downbeat Chinese manufacturing data put pressure on Beijing for more stimulus and the Federal Reserve signalled an increase in U.S. interest rates is still some way off. Top euro zone leaders will meet later in Latvia, where...

  • Is the market pricing in a 'Grexit' correctly?   Thursday, 21 May 2015 | 5:00 AM ET
    Is the market pricing in a 'Grexit' correctly?

    Justin Knight, head of European rates strategy at UBS, discusses possible market implications of a "Grexit"?

  • ECB ups Greek bank emergency funding by 200M euros Wednesday, 20 May 2015 | 6:16 PM ET
    A Greek flag flies behind a statue to European unity outside the EU Parliament in Brussels, Belgium, May 20, 2015.

    The European Central Bank raised emergency funding for Greek banks by 200 million euros, a source told Reuters.

  • Wealth gap widens in developed world Wednesday, 20 May 2015 | 4:47 PM ET
    A musician plays a flute sitting on the footpath next to New York Stock Exchange (NYSE) building in New York.

    A new story shows the wealth gap widening among countries in the developing world.

  • GLOBAL MARKETS-Greek warning knocks euro, stocks steady Wednesday, 20 May 2015 | 1:12 PM ET

    *Greece won't make June 5 IMF repayment without deal-official. Treasuries inched up on safe-haven buying caused by worries that Greece may be unable to make a 300 million euro repayment to the International Monetary Fund on June 5 unless foreign lenders distribute more aid. The Greek parliamentary speaker said Athens will not make the June 5 payment unless it...

  • GLOBAL MARKETS-Euro slips on Greek worries, stocks steady Wednesday, 20 May 2015 | 11:38 AM ET

    *Greece won't make June 5 IMF repayment without deal-official. Treasuries inched up on safe-haven buying caused by worries that Greece may be unable to make a 300 million euro repayment to the International Monetary Fund on June 5 unless foreign lenders distribute more aid. The Greek government's parliamentary speaker said on Wednesday that Athens will not...