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  • Another slump in Greek stocks holds back European shares Wednesday, 28 Jan 2015 | 11:21 AM ET

    *Lanxess, Nordea rally after results. LONDON/ PARIS, Jan 28- Greek stocks continued to slump on Wednesday, on mounting concerns about the banking sector in the wake of anti-bailout party Syriza's victory in Sunday's election and after the new government canceled privatization plans. The combined market value of the top four Greek banks Alpha Bank Piraeus Bank...

  • Germans in shock as new Greek leader starts with a bang Wednesday, 28 Jan 2015 | 11:15 AM ET

    *Fiery Tsipras start challenges policy assumptions in Berlin. *Russia overtures deepen concerns over EU consensus on Ukraine. The move did not go unnoticed in Berlin.

  • *Sale of stake in Greece's biggest utility halted. A swift series of announcements signaled the newly installed government would stand by its anti-austerity pledges, setting it on course for a clash with European partners, led by Germany, which has said it will not renegotiate the aid package needed to help Greece pay its debts. After announcing a halt to the...

  • BRUSSELS, Jan 28- The EU has prepared a draft statement for the foreign ministers of its 28 members to agree to extend sanctions against Russia by six months, add new people to the sanctions list and prepare new measures. The statement was referring to asset freezes and travel bans put on dozens of Ukrainians and Russians since Russia's annexation of Ukraine's...

  • ATHENS, Jan 28- Greek bank stocks fell by more than 22 percent on Wednesday, dragging the Athens market into a third day of turmoil following the election of a government led by leftist anti-austerity Prime Minister Alexis Tsipras. Fears that Greek banks, facing increased deposit outflows, could be shut out of European Central Bank liquidity assistance if their...

  • Greek banks extend slide to peg back European shares Wednesday, 28 Jan 2015 | 7:53 AM ET

    LONDON/ PARIS, Jan 28- European shares dipped on Wednesday, with Greek stocks extending the sell-off sparked by anti-bailout party Syriza's victory in Sunday's election. It has plummeted 98.6 percent since late 2009, before Europe's sovereign debt crisis started. The combined value of the top four Greek listed banks, Alpha Bank, Piraeus Bank, National Bank of...

  • *Sale of stake in Greece's biggest utility halted. ATHENS, Jan 28- Prime Minister Alexis Tsipras promised "radical" change on Wednesday as his new government swiftly moved to roll back key parts of Greece's international bailout, prompting a third day of losses on financial markets. Even before the first meeting of the new cabinet, ministers had hit the airwaves to...

  • LONDON, Jan 28- The Nigerian naira plumbed new record lows on Wednesday on weaker oil prices and fears of election-linked turmoil, while most other emerging currencies also retreated on expectations of monetary easing. "We are now in a bull secular trend for the dollar... which means all currencies suffer," TD Securities strategist Cristian Maggio said.

  • Greece sets up clash with eurozone over debt measures Wednesday, 28 Jan 2015 | 5:37 AM ET

    ATHENS, Greece— Greece's radical new government on Wednesday signaled the country would backtrack or scrap a series of budget measures its eurozone creditor nations had demanded in exchange for bailout loans. The move fueled market concerns of a tough confrontation with eurozone countries, whose loans are keeping Greece from bankruptcy.

  • Europe stocks dip; Greek shares extend retreat Wednesday, 28 Jan 2015 | 4:46 AM ET

    PARIS, Jan 28- European shares dipped in early trading on Wednesday, with Greek stocks extending their sell-off sparked by the victory of leftwing Syriza party in Sunday's election. Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority, fell by 6.6 and 8.3 percent respectively after the new government said it would freeze privatization...

  • ABOARD THE COAST GUARD CUTTER TYR— The crew was about to dig into dinner when word of the "ghost ship" came through: a freighter hurtling out of control toward Italy with no crew— and hundreds of Syrians as cargo. The ships are then pointed toward Europe and abandoned, the migrants' fate hanging between shipwreck and rescue. Comparatively well-off refugees are able to...

  • What the US needs more than cheap oil  Tuesday, 27 Jan 2015 | 8:17 PM ET

    Stephen Goldman, Managing Director at Kapstream Capital, says lower taxes and employment are the two main drivers of the U.S. economy, not just lower oil prices.

  • ATHENS, Jan 27- Greek Prime Minister Alexis Tsipras named a cabinet of anti-austerity veterans and halted privatisation of Greece's biggest port on Tuesday, signalling he aims to stick to election pledges despite warning shots from the euro zone and financial markets. Promising to reverse budget cuts and renegotiate Greece's huge debts, Tsipras's leftist...

  • Greek finance minister: 'End the vicious cycle' Tuesday, 27 Jan 2015 | 1:27 PM ET
    Newly appointed Greek Finance Minister Yanis Varoufakis attends the civil oath ceremony at the Presidental Palace in Athens, on January 27, 2015.

    Greece's new Finance Minister Yanis Varoufakis says the government will look to "end the vicious cycle" of bailout and borrowing.

  • Greek taxman elected to Parliament  Tuesday, 27 Jan 2015 | 1:24 PM ET

    Former chief tax collector Harry Theoharis discusses his election to Greek Parliament, with CNBC's Michelle Caruso-Cabrera.

  • Greek taxman gets elected to Parliament  Tuesday, 27 Jan 2015 | 1:24 PM ET

    Former chief tax collector Harry Theoharis discusses his election to Greek Parliament, with CNBC's Michelle Caruso-Cabrera.

  • Greek markets slide on fears of clash with creditors Tuesday, 27 Jan 2015 | 12:18 PM ET

    *Bank stocks plummet, pulling down Athens index. LONDON, Jan 27- Greek borrowing costs jumped and a dive in bank stocks dragged down the Athens bourse on Tuesday, after weekend elections resulted in an anti-bailout government that looks set on a collision course with the country's creditors. This was up four percentage points since Sunday's vote although down...

  • Greek FM: Hope to find common ground  Tuesday, 27 Jan 2015 | 12:14 PM ET

    CNBC's Michelle Caruso-Cabrera talks with Yanis Varoufakis, new Greek Finance Minister about his country's plan to find agreement with the ECB and its European partners to pay back its debt.

  • ATHENS, Jan 27- Greek Prime Minister Alexis Tsipras unveiled a cabinet of anti-austerity veterans on Tuesday, signaling he has no intention of backing away from election pledges despite warning shots from the euro zone and financial markets. Promising to reverse budget cuts and renegotiate Greece's huge debts, Tsipras's leftist Syriza party stormed to...

  • EU: No direct financial risk yet  Tuesday, 27 Jan 2015 | 11:00 AM ET

    Ewen Cameron Watt, chief investment strategist at BlackRock Investment Institute, explains why he doesn't think contagion is likely when it comes to Greece.