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  • AMSTERDAM, April 21- The head of the Eurogroup said on Tuesday that he expects Athens and its creditors to strike a new deal in the coming weeks and that it was in the euro zone's interests that Greece remains in the currency bloc. Jeroen Dijsselbloem, who heads the group of euro zone finance ministers, said Greece must meet its obligations and agreements if it wants...

  • VIENNA, April 21- European Commission President Jean-Claude Juncker urged Greece on Tuesday to step up efforts to strike a deal with its international creditors, warning that talks were not advanced enough to find a quick solution. "Greece has a humanitarian crisis which one has to face so it's out of the question to abandon Greece," Juncker said in Vienna. "

  • ATHENS, Greece— Authorities from municipalities across Greece will hold an emergency meeting Tuesday after the government ordered reserves from state enterprises to be placed in a common account to help the country meet its financial obligations and avoid default. Athens Mayor Giorgos Kaminis said his municipality would argue the decree was...

  • *Greece default worries keep investors on edge, cap euro. European trading started strongly with the pan-regional FTSEurofirst 300 index up over 0.6 percent in early deals, after a 1.4 percent jump by the Nikkei in Tokyo and a 2 to 2.5 percent rises in China's main markets had lifted Asia. Publicis, Sky, ARM Holdings were all up more than 4 percent after reporting...

  • HELENA, Mont.— Attorneys for the founder of Montana's Yellowstone Club for the ultra-rich planned Tuesday to file an emergency request with the 9th U.S. Circuit Court of Appeals seeking to free their client after he was jailed by a federal judge for contempt. District Judge Sam Haddon ordered 64- year-old Tim Blixseth into custody after finding that the...

  • *Euro on the defensive on worries over Greece. LONDON, April 21- The euro was weaker across the board on Tuesday, pressured by deepening worries that Greece could default on its debt and eventually exit the currency union. With Greece at the forefront, and very little in the way of an imminent bailout deal, political risks are set to dominate and would overshadow any...

  • *Euro stays on defensive on worries over Greece. SINGAPORE/ TOKYO, April 21- The dollar edged higher against its peers on Tuesday, drawing support as the euro was pressured by increasing worries that Greece could default on its debt and eventually exit the single currency. The Greek concerns are keeping traders on the lookout to sell the euro on rallies, said...

  • China's growth will stabilize in Q3: Pro   Tuesday, 21 Apr 2015 | 12:06 AM ET
    China's growth will stabilize in Q3: Pro

    Easing measures that are already announced, along with a possible rate cut moving ahead, should stabilize China's growth by the third quarter, says Dariusz Kowalczyk, senior economist, strategist - Asia ex-Japan at Credit Agricole.

  • *Stocks supported by China's stimulus measures. *India celebrates gold-buying festival of Akshaya Tritiya. SINGAPORE, April 21- Gold remained below the key $1,200 level on Tuesday after overnight losses, as a rally in global equities and a firmer dollar dented the metal's appeal as a safe haven.

  • If 'Grexit' occurs, it will be the end of EU: Mobius

    Mark Mobius, executive chairman at Templeton Emerging Markets Group, says Greece has to be part of the European Union due to military reasons. If the exit occurs, it would be "the beginning of the end for the EU."

  • TOKYO, April 21- The dollar held gains against its peers on Tuesday, drawing support as the euro slid overnight on increasing worries that Greece could default on its debt and eventually exit the single currency. The common currency took a hit after public sector entities in Greece were ordered to transfer idle reserves to the central bank to help alleviate a...

  • SINGAPORE, April 21- Gold held on to overnight losses on Tuesday, trading below the key $1,200 an ounce level, as a rally in global equities and a firmer dollar dented the metal's appeal as a haven. *The dollar rose broadly on Monday, with the euro sliding more than half a percent against the U.S currency, on growing concern that Greece may default on debts.

  • Not surprised if Greek talks yield no deal: Pro   Monday, 20 Apr 2015 | 7:16 PM ET
    Not surprised if Greek talks yield no deal: Pro

    Bill Stone, chief investment strategist at PNC Asset Management Group, says this week's bailout talks may not see results and explains why comments about European stocks offering "unlocked value" is a nervous proposition.

  • *French finance minister: Greece must honor pledges. ATHENS, April 20- Greece ordered state entities from municipalities to a fund meant for future generations to park idle cash at the central bank in a scramble on Monday to pay its bills. With IMF loan repayments due next month, Greece has been tapping into public cash reserves in temporary transactions.

  • Farr: It's about the central banks, stupid! Monday, 20 Apr 2015 | 2:46 PM ET
    The new ECB headquarters in Frankfurt, Germany.

    From China to the ECB and the Fed, this market is all about the central banks, says Michael Farr.

  • Euro slips against dollar on Greece default worries. NEW YORK, April 20- Equity markets snapped back on Monday after China took steps to stimulate its economy, while the euro weakened amid worries about Greece and oil rose on Middle East tension. The dollar rose as the euro slid against the greenback amid gathering concerns Greece could default on its debt or...

  • *Domestic woes, not Greece, main focus for new government. HELSINKI, April 20- Finland's eurosceptic Finns Party has the best chance of power in its 20- year history after coming second in Sunday's election, but its calls to throw Greece out of the euro zone may take a back seat to fixing the economy at home. The possible presence of the party, formerly called the True...

  • *Two more rescues underway near Libya, one off Greece. CATANIA, Italy/ LUXEMBOURG April 20- The European Union proposed doubling the size of its Mediterranean search and rescue operations on Monday, as the first bodies were brought ashore of some 900 people feared killed in the deadliest shipwreck while trying to reach Europe. Malta's Prime Minister Joseph...

  • *Greece facing increasingly difficult cash squeeze. FRANKFURT, April 20- A country that defaults would not have to leave the euro, the European Central Bank's vice president said on Monday, in frank remarks about Greece that also touched on possible capital controls and showed how acute Athens' problems have become. Speaking as Greece ordered public sector...

  • European stocks boosted by telecoms, China stimulus Monday, 20 Apr 2015 | 11:54 AM ET

    *Telenet, KPN shares rise after Belgian deal. LONDON, April 20- European shares made a positive start to the week on Monday, thanks to deal-making in the telecoms sector and stimulus from China, though gains were not enough to entirely erase the losses from Friday's sharp sell-off. Volkswagen, the only German blue-chip stock to fall, was depressed after Scania order...