Thanos Vamvakidis, head of European G10 FX strategy at Bank of America Merrill Lynch Global Research, discusses the risks facing the Greek economy, particularly the banking sector.» Read More
LUXEMBOURG- Meeting of the Economic and Financial Affairs Council. BRUSSELS- ECB Executive Board member Yves Mersch speaks at the panel discussion on "What form of fiscal capacity does the EMU need? of the conference "Economic shock absorbers for the Eurozone: Deepening the debate on automatic stabilisers" in Brussels, Belgium.
LUXEMBOURG, June 19- Greece must step up reforms, the EU's top economic official said on Thursday, urging the twice-bailed-out euro zone country with a debt nearly three times the size of the EU limit to return to "a credible path".
*Italy, Spanish yields head towards record lows. LONDON, June 19- Peripheral euro zone bond yields headed back towards historic lows on Thursday in a market-wide rally after the U.S. This accelerated the hunt for yield in euro zone bonds which were already buoyant from the European Central Bank's interest rate cuts and liquidity measures taken two weeks ago.
*Italy, Spanish yields head towards record lows. LONDON, June 19- Peripheral euro zone bond yields headed back towards historic lows on Thursday in a market-wide rally after the U.S.
Constantinos Maniatopoulos, chairman of the Hellenic Republic Asset Development Fund, discusses the Chinese Premier's visit to Greece and the country's privatisation program.
ATHENS, June 18- Chinese, French, German and Spanish firms are vying to build an 800 million euro airport on the island of Crete, one of a number of projects planned by Greece as it recovers from a recession, the infrastructure minister said. Crete is considered a prime spot because of its strategic location wedged between Europe, Asia and Africa.
Miltiades Varvitsiotis, Greek minister of shipping and the Aegean, says Piraeus port should be fully privatized by year-end and that other ports could follow.
Stephanos Issaias, CEO of Enterprise Greece, says Chinese capital will create jobs and economic growth.
Federal Reserve's Federal Open Market Committee announces decision on interest rates, followed by Federal Reserve chair Janet Yellen's quarterly news conference- 1830 GMT. LONDON- UK Finance Minister George Osborne hosts First UK/China Financial Forum.
ATHENS, June 17- Greece is preparing to issue a small-sized, medium-term bond in the coming weeks to follow on the heels of its successful return to debt markets this year after a four-year exile, a senior finance ministry official told Reuters.
Commerce Secretary Penny Pritzker gives a keynote address at a conference on Skills Training for a Modern Manufacturing Workforce: Does the German Model Have Lessons for the United States?
June 16- Star Bulk Carriers Corp said it would buy Oceanbulk Shipping LLC and Oceanbulk Carriers LLC in an all-stock deal to create the largest U.S.-listed dry bulk shipper.
June 16- Star Bulk Carriers Corp said it would buy fellow dry bulk carriers Oceanbulk Shipping LLC and Oceanbulk Carriers LLC in an all-stock deal that will make Oaktree Capital Management its largest shareholder.
*China warned Britain on eve not to lecture it on rights. Britain's relations with China took a nosedive in 2012 after Prime Minister David Cameron met the Dalai Lama, the Tibetan spiritual leader whom Beijing says is a separatist.
WASHINGTON- International Monetary Fund releases its annual review of the U.S. economy- 1330 GMT. SANTANDER, Spain- Seminar on "The Europe left by the crisis". Speakers:- European Commission President Jose Manuel Durao Barroso, Spain's Economy Minister Luis de Guindos and Bank of Spain Deputy Governor Fernando Restoy.
Treasury Under Secretary for Domestic Finance Mary Miller speaks before the 42nd Annual National Housing Conference Policy Symposium- 1315 GMT. DUBROVNIK, Croatia- 20th Dubrovnik Economic Conference organized by the Croatian National Bank in Dubrovnik, Croatia.
Christos Megalou, Eurobank CEO, discusses the benefit of buying assets in Greece and the health of the Greek economy.
*Yannis Stournaras to be Greece's new central bank chief. ATHENS, June 11- Former Greek finance minister Yannis Stournaras, who spearheaded Greece's return to economic stability after it nearly crashed out of the euro zone, is to become the next Bank of Greece governor, the central bank said on Wednesday.
ATHENS, June 10- Greece needs to improve the efficiency of its public sector dramatically to meet fiscal targets and avoid new austerity measures, the International Monetary Fund said on Tuesday.
PARIS, June 8- With the euro zone bond market back to irrational exuberance and economic growth returning slowly if unevenly, politics rather than economics now poses the biggest threat to the long-term endurance of Europe's single currency.