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  • Greece: Markets hit as presidential vote in doubt Thursday, 11 Dec 2014 | 9:37 AM ET

    ATHENS, Greece— Shares on the Athens Stock Exchange suffered more heavy losses Thursday, as the governing coalition appeared short of the support needed to stop the government collapsing in a parliamentary vote this month. Meanwhile the yield on Greece's 10- year-bond jumped to nearly 9 percent, way above levels thought as sustainable. Even though Greece has...

  • Greek ex-finance minister to stand criminal trial Thursday, 11 Dec 2014 | 8:19 AM ET

    ATHENS, Greece— Greece's former finance minister, George Papaconstantinou, was indicted Thursday before a special court on criminal charges over his handling of data on Greeks holding Swiss bank accounts. A council of Supreme Court judges ruled that Papaconstantinou, 53, should stand trial for attempted breach of faith, and tampering with an official...

  • PARIS, Dec 11- European shares sank on Thursday, retreating for the fourth consecutive session as the take-up at the European Central Bank's loan offer disappointed investors, and on political concerns over Greece. Banks borrowed almost 130 billion euros of four-year loans from the ECB in its latest lending round, which is what traders had expected but brings...

  • Greek shares extend losses on political worries Thursday, 11 Dec 2014 | 7:04 AM ET

    PARIS, Dec 11- Greek shares resumed their sell-off on Thursday, with Athens's ATG benchmark index dropping 4 percent, hurt by worries over the country's political situation. Investors have been rattled by a decision by the Greek government to bring forward to next week a presidential vote that will force nearly two dozen independent lawmakers to decide...

  • We've delivered what the troika asked: Greek lawmaker  Thursday, 11 Dec 2014 | 3:30 AM ET

    Vassilis Kikilias, minister of public order and citizen protection for Greece, says he does not understand why the International Monetary Fund is "pushing back so hard" against Greece as the country has delivered what it has promised.

  • Greek election not a gamble for Samaras: Lawmaker  Thursday, 11 Dec 2014 | 3:30 AM ET

    The snap presidential election in Greece is not a gamble for Prime Minister Antonis Samaras, Vassilis Kikilias, minister of public order and citizen protection for Greece, said.

  • Syriza has no economic alternative: Greek lawmaker  Thursday, 11 Dec 2014 | 3:30 AM ET

    Vassilis Kikilias, minister of public order and citizen protection for Greece, says left-wing opposition party Syriza is all talk and has no economic policies for the country.

  • European shares extend sell-off, Airbus plunges Wednesday, 10 Dec 2014 | 12:51 PM ET

    PARIS, Dec 10- European stocks fell for a third session in a row on Wednesday as a further plunge in crude prices knocked down the shares of oil majors and oil services groups such as Royal Dutch Shell and Fugro. Shares in Shell dropped 2.4 percent and Fugro tumbled 11 percent as Brent crude oil fell below $65 a barrel on mounting signs of oversupply and lacklustre...

  • PARIS/ LONDON, Dec 10- European stocks fell for a third session in a row on Wednesday, as a further drop in crude prices knocked down the shares of oil majors and oil services groups such as Royal Dutch Shell and Fugro. Shares in Shell dropped 1.7 percent and Fugro tumbled 12 percent as Brent crude oil slipped below $65 a barrel, hitting a five-year low on rising...

  • Renewed slide in energy stocks sends Europe shares lower Wednesday, 10 Dec 2014 | 10:11 AM ET

    LONDON, Dec 10- European equities turned negative on Wednesday, as a fresh fall in the price of Brent crude oil hit energy stocks. "Crude oil is under punishment today once again on the back of the OPEC news. OPEC has cut its demand forecast for next year and this has unbalanced the demand and supply equation further and traders are not liking the sound of this at all, "...

  • PARIS, Dec 10- European stocks rose in a technical bounce on Wednesday after sliding 3 percent slide over two days, although energy stocks dropped again as Brent crude fell toward $65 a barrel. If Samaras fails to secure victory for his presidential candidate, snap national elections could be called which the leftist Syriza party-- a fierce opponent of Greece's...

  • Greece: Uncertainty in markets  Wednesday, 10 Dec 2014 | 4:40 AM ET

    After Greece's snap election announcement, there's a "new level of uncertainty reflected in the stock exchange and bond market" says Kostas Botopoulos, chairman at Hellenic Capital Market Commission.

  • Greece vs. ECB's bond buying  Wednesday, 10 Dec 2014 | 4:00 AM ET

    With the announcement of Greece's political uncertainty, Silvio Peruzzo, European economist at Nomura discusses how this could impact sovereign bond buying.

  • Greek issues won't stop ECB QE: BoFAML  Wednesday, 10 Dec 2014 | 2:30 AM ET

    Gilles Moec, head of developed Europe economics at Bank of America Merrill Lynch, says renewed problems in Greece's economy won't be enough to stop the European Central Bank pushing ahead with further stimulus measures.

  • Greek governments have spent too much: Ex-PM  Wednesday, 10 Dec 2014 | 2:05 AM ET

    Former Greek Prime Minister Costas Simitis, says that successive governments have spent too much money.

  • *China consumer inflation marks 5- year low. TOKYO, Dec 10- Asian shares, the dollar and oil prices all slumped on Wednesday, pulling back as global growth concerns and political uncertainty in Greece prompted a flight to safety. Britain's FTSE 100 was expected to open 18 to 26 points higher, or as much as 0.3 percent; Germany's DAX was seen opening 69 to 78 points higher,...

  • Why Greece's political unrest may be a 'silver lining'  Wednesday, 10 Dec 2014 | 12:31 AM ET

    Naeem Aslam, Chief Market Analyst at AvaTrade, explains why ongoing political uncertainty in Greece presents an opportunity for the country.

  • Greek opposition's policy 'not sensible': Pro  Wednesday, 10 Dec 2014 | 12:17 AM ET

    Richard Martin, Managing Director at IMA Asia, explains why the proposed policies by Greece's opposition camp are "scary stuff" and later discusses his outlook for the country's snap elections.

  • *Skymark soars as ANA says would consider helping it. TOKYO, Dec 10- Japanese stocks tumbled to a more than one-week low on Wednesday morning, as political uncertainty in Greece spooked world markets already under strain from a slide in crude oil prices and worries over global growth. Traders said the benchmark should be supported by its 25- day moving average of...

  • SINGAPORE, Dec 10- Gold was trading close to a seven-week peak on Wednesday, boosted by safe-haven bids as the dollar weakened on cautious comments by U.S. *Spot gold had eased 0.2 percent to $1,228.18 an ounce by 0051 GMT. *Dennis Lockhart, head of the Atlanta Federal Reserve, said he was in no rush to drop the Fed's pledge to keep interest rates near zero for a "...