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  • LONDON, May 5- European markets were firmer on Tuesday after an extended weekend break, bucking fears of slowing demand from China and despite debt stand-off fears depressing Greek stocks. The European Commission sent positive signals on the economy, saying euro zone economic growth would be stronger than previously expected this year thanks to cheaper oil, a...

  • *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...

  • 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...

  • *Athens' ATG index down 3 pct as debt worries weigh. Traders cited concerns that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns as weighing on the Greek market, with Greek bond yields also rising. Nevertheless, many traders still said new economic stimulus measures from the European...

  • VIENNA, May 5- Greece's debt talks with international creditors are making progress but have not yet produced a breakthrough, Austrian Finance Minister Hans Joerg Schelling said on Tuesday, adding he could not tell if a deal was in reach next week. "Participants in the Euro Working Group tell us the atmosphere in talks is good, that there are some positions where...

  • 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,...

  • ATHENS/ BRUSSELS, May 4- Wide differences over pension and labor 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,...

  • Greece to lobby EU, ECB for swift loan payout Monday, 4 May 2015 | 4:11 AM ET

    BRUSSELS— Greece made progress with its creditors over the weekend on how to stave off bankruptcy, official said Monday, despite complaints in Athens that the International Monetary Fund is pushing the cash-strapped country too hard over labor reforms. Officials in Brussels and the Greek capital said negotiations between Greece and the so-called Brussels...

  • Greece's 'end of the road' is bankruptcy: Economist

    Steen Jakobsen, chief economist at Saxo Bank, tells CNBC that while negotiations over Greek debt are ongoing, the country will eventually face bankruptcy.

  • LONDON— Global stocks rose sharply Monday at the start of a potentially big week for markets as they tracked an end-of-week rebound on Wall Street. Monday's gains in Europe followed Friday's strong performance on Wall Street when the Dow rose 1 percent at the S&P gained 1.1 percent. GREECE PROGRESS: Officials said Greece made progress with its creditors over...

  • ATHENS, Greece— A top Greek lawmaker has welcomed German President Joachim Gauck's call for his country to consider World War II redress to Greece as a gesture "of historical significance." Noting that Gauck's remarks became known Friday, the anniversary of a 1944 mass execution of Greek resistance fighters by German occupying forces, Parliament Speaker Zoi...

  • Pay by plastic to fight Greek tax cheats Sunday, 3 May 2015 | 8:06 AM ET

    Greece's tourism chief has appealed to holidaymakers to use credit cards to fight tax evasion, The Guardian reports.

  • LONDON, May 3- Always top of the data pile, this week will be no exception for the U.S. jobs report with a first interest rate rise likely this year despite a dramatic slowdown in the first quarter. "They will need better data to justify a rate hike, and that need is pushing the timing of a policy change ever-deeper into 2015," said Tim Duy, a professor at the University of...

  • *Greece could miss upcoming IMF, ECB payments without aid. LONDON, May 1- Most top credit rating agencies say they would not cut Greece's rating to default if it misses a payment to the International Monetary Fund or European Central Bank, a stance that could keep vital ECB funding flowing into the financial system. Greece owes nearly 1 billion euros to the IMF in May...

  • Greece struggles to make pension payments Friday, 1 May 2015 | 12:03 AM ET
    People are seen in front of a Eurobank branch in Athens, Greece, March 19, 2015.

    The Greek government scrambled to pay pensions and public sector salaries after failing to reach agreement with international lenders. The Financial Times reports.

  • Dollar index posts worst month in 4 years Thursday, 30 Apr 2015 | 3:35 PM ET

    The greenback reversed earlier losses to trade higher against a basket of currencies on Thursday.

  • 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...

  • Greek bailout talks to stretch into weekend Thursday, 30 Apr 2015 | 7:00 AM ET

    The creditors have for three months been trying to get Greece to agree to a list of budget measures before they accept to pay it the remaining 7.2 billion euros installment of its bailout program. Without the money, Greece is not sure to be able to meet a repayment to the International Monetary Fund on May 12 worth some 750 million euros. In Brussels, EU Commission...