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Greece

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  • *Greece ready to forego 12 bln euros remaining in IMF bailout. *Euro zone reluctant to remove IMF from supervising Greece. They also said Europeans were resisting a push by Athens to end borrowing from the IMF, which is unpopular in Greece and causing political problems.

  • Euro partners see Greece softening line on ending support Wednesday, 15 Oct 2014 | 1:20 PM ET

    BRUSSELS, Oct 15- Greece's partners in the euro zone believe Athens is changing its mind about giving up on their financial help next year and might ask for a credit line to replace funds from the IMF. Euro zone officials told Reuters that Greece seemed to be having second thoughts about a return to purely market funding after pressure from EU powers- and from...

  • Three things about Greece you need to know Wednesday, 15 Oct 2014 | 1:17 PM ET
    Athens Stock Exchange

    A lot of investors are looking at Greece and seeing shadows of the financial crisis. Here are three important questions they will want answered.

  • European stocks suffer biggest one-day slide since 2011 Wednesday, 15 Oct 2014 | 12:49 PM ET

    *$255 bln wiped off the market value of STOXX 600 stocks. PARIS, Oct 15- A sell-off in European stocks accelerated on Wednesday, with a key index suffering its biggest one-day slide in nearly three years as investors slashed exposure to risky assets on mounting worries about global growth. That is more than Portugal's GDP and more than the entire market...

  • *Bond market closing its doors to Greece, analysts say. Ten-year borrowing costs shot up by more 80 basis points to 7.85 percent, their highest since February, partly reflecting a lack of faith in Prime Minister Antonis Samaras' ability to ensure Greece can fund itself in the market. The Athens stock market plunged 6.8 percent to 884.06 and was on track for its...

  • LONDON, Oct 15- Global growth worries put German bond yields on track for their biggest daily fall in over a year on Wednesday, while investors sold low-rated euro zone debt in echoes of the euro zone sovereign crisis that traumatised financial markets in 2012. Borrowing costs in Athens soared to near eight percent, a move that may jeopardise the government's...

  • European shares suffer biggest slide in nearly 3 years Wednesday, 15 Oct 2014 | 11:43 AM ET

    PARIS, Oct 15- A sell-off in European stocks accelerated on Wednesday, with a key index suffering its biggest one-day slide in nearly three years, as investors slashed exposure to risky assets such as equities on mounting worries about global growth. Greek equities featured among the worst losers, as Athens's benchmark ATG index succumbed to a second day of...

  • Greek stocks sink, bond yield surge threatens bailout exit Wednesday, 15 Oct 2014 | 11:40 AM ET

    *Bond market closing its doors to Greece, analysts say. Ten-year borrowing costs shot up by more 80 basis points to 7.85 percent, their highest since February, partly reflecting a lack of faith in Prime Minister Antonis Samaras' ability to ensure Greece can fund itself in the market. At this level the market is closed for Greece, "said Alessandro Giansanti, senior...

  • *Europe's fear gauge VSTOXX hits 2- year high. PARIS, Oct 15- A sell-off in European stocks accelerated on Wednesday as investors slashed exposure to risky assets such as equities and oil on mounting worries about the pace of global growth. Greek equities featured among the top losers, as Athens's benchmark ATG index succumbed to a second day of selling pressure...

  • Greece returns to market spotlight with nosedive Wednesday, 15 Oct 2014 | 9:00 AM ET

    Greece's main stock index closed 6.3 percent lower— having traded down as much as 9.8 percent lower earlier in the day. Yields on Greece's 10- year bonds also rose sharply, to 7.73 percent— up 1.10 percentage points on the day, a sign investors are more worried about default. Economist Megan Greene said investors were rattled by a combination of factors, with the...

  • European shares extend losses; Greek stocks tumble Wednesday, 15 Oct 2014 | 8:59 AM ET

    PARIS, Oct 15- European stocks extended their steep losses on Wednesday following data showing U.S. producer prices fell for the first time in over a year, fueling worries of falling U.S. inflation. At 1253 GMT, the FTSEurofirst 300 index of top European shares was down 2.1 percent at 1,265.71 points, a level not seen since early February. Greek equities featured...

  • Bund yields hit new lows as euro zone outlook weakens Wednesday, 15 Oct 2014 | 7:13 AM ET

    *Fitch places France's AA+ ratings on negative watch. LONDON, Oct 15- German Bund yields fell to a record low on Wednesday as worries over a deteriorating euro zone economic outlook, fed by another credit rating blow for France, and "free falling" inflation expectations dominated the market. Yields jumped in Greece, where investors are worrying about the risk of snap...

  • Greek bourse plunges below 1,000 amid uncertainty Tuesday, 14 Oct 2014 | 12:30 PM ET

    ATHENS, Greece— Stocks have been hammered in Greece and borrowing costs continued to rise, amid renewed political uncertainty over the future of the country's bailout program. Shares on the Athens Stock Exchange closed 5.7 percent lower Monday, falling below the 1,000- point mark to 948.21, while yields on Greece's 10- year bonds hit 7 percent after a...

  • "I don't expect debt sustainability for Greece to become a problem," Dijsselbloem told the Atlantic Council in Washington. "Greece has done better than expected," he said referring to the terms of the last bailout for Greece agreed in November 2012. The euro zone bailout for Greece comes to a close at the end of the year, although assistance form the International...

  • European market at lowest level in year     Friday, 10 Oct 2014 | 7:02 AM ET

    CNBC's Seema Mody provides an update on the major declines in European stocks.

  • Crystal clear view of Europe     Friday, 10 Oct 2014 | 6:32 AM ET

    CNBC's Michelle Caruso-Cabrera digs into European events hitting the stock market there, including dovish comments by ECB President Mario Draghi on Thursday.

  • CNBC's Seema Mody reports on all the market moving events from Europe, including the economic weakness facing Germany and Italy.

  • *Greece denies reports that EU/IMF visit ends abruptly. They said the inspectors were expected to leave this week for an annual conference of the IMF and World Bank in Washington. They will return to Athens after European bank stress tests are announced, Greek officials said.

  • ECB quietly pins its hopes on falling euro Tuesday, 7 Oct 2014 | 8:13 AM ET

    FRANKFURT, Oct 7- Grappling with an ailing euro zone economy and stagnant prices, the European Central Bank is hoping that help will come from something it cannot control: the value of the euro. As Washington prepares to stopper the supply of cheap money that has been helping it revive the United States, the euro has started to fall steeply against the dollar.

  • ATHENS, Oct 6- Greece's government unveiled its 2015 budget on Monday, promising a second year of growth and tax breaks aimed at easing austerity imposed after the country sank into its deepest post-war economic crisis. The budget largely confirmed targets for growth and a budget surplus before interest payments set under Greece's 240 billion euro EU/IMF...