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  • Greek leftist leader claims victory over austerity Monday, 26 Jan 2015 | 1:56 AM ET
    Supporters of the opposition radical leftist Syriza party cheer at exit poll results which indicate that Syriza have a clear lead in Athens, Greece.

    Greek leftist leader Alexis Tsipras promised on Sunday that five years of austerity, "humiliation and suffering" were over.

  • ATHENS, Jan 26- Greek leftwing leader Alexis Tsipras will move on Monday to build a stable government that can take on international lenders and reverse years of painful austerity following a crushing election victory by his Syriza party. Syriza won 149 seats in the 300- seat parliament in Sunday's election, two short of an absolute majority, but the result...

  • Belgium sees some room to discuss Greek debt program Sunday, 25 Jan 2015 | 4:37 PM ET

    BRUSSELS— Britain's Conservative Prime Minister David Cameron predicted that the election victory of Greece's radical left-wing Syriza party would create "economic uncertainty" across Europe, while left-of-center parties welcomed the results as a message that the European Union should change its economic policy. Johan Van Overtveldt said on the eve of a...

  • ATHENS, Jan 25- Greece's leftwing Syriza appeared on course to trounce the ruling conservatives in Sunday's snap election and could win the absolute majority it wants to fight international creditors' insistence on painful austerity measures. While a final result may not come for hours, 40- year-old Syriza leader Alexis Tsipras was set to become prime...

  • ATHENS, Jan 25- Greece's leftwing Syriza looked set for a comfortable victory over the ruling conservatives, an exit poll showed, with a chance of winning a full majority to face down international creditors and roll back years of painful austerity measures. If confirmed, the result would be enough to install 40- year-old Syriza leader Alexis Tsipras as prime...

  • FRANKFURT, Jan 25- Deutsche Bank will remember Thursday, Jan. 8 as the start of "Duesselgate," a nickname born not of wrongdoing, but from the shockwaves sent by a speech given in Germany's former industrial heart. "Deutsche Bank is pretty much alone in Europe with this claim," he said only weeks after the group decided to examine its business model from head to toe.

  • CIVIL NUCLEAR India and the United States struck a deal that could open the door for U.S. companies to build nuclear reactors in India by promising insurance cover to U.S. companies that had shied away from an Indian law placing liability on suppliers in case of an accident. Prime Minister Narendra Modi's assertiveness in the region has already aligned India...

  • BERLIN, Jan 25- European Transport Commissioner Violeta Bulc called for the introduction of a standardized European-wide road pricing system in comments she made to a German Sunday newspaper. She said there were many different systems in Europe at the moment and this was a burden on car drivers and an obstacle to their mobility. Germany plans to introduce a...

  • Should the euro zone really fear demon deflation? Sunday, 25 Jan 2015 | 4:00 AM ET

    *Euro zone inflation negative in Dec for first time in 5 years. BRUSSELS, Jan 25- If the multi-billion dollar consumer electronics industry can function fine with constantly falling prices, why is deflation in the broader economy such a threat? European Central Bank policymakers have repeatedly warned of the risk of being drawn into a prolonged downward price...

  • NEW DELHI, Jan 25- Signalling his determination to take relations with the United States to a higher level, Indian Prime Minister Narendra Modi broke with protocol to meet and bear-hug U.S. Obama's visit is a fresh bid to make India an enduring strategic partner and he will seek to nurture friendship with a prime minister who a year ago was persona non grata in...

  • NEW DELHI, Jan 25- In a fresh bid to make India an enduring strategic partner, U.S. President Barack Obama landed in New Delhi on Sunday for a highly symbolic visit and to nurture friendship with a prime minister who a year ago was persona non grata in Washington. The United States views India as a vast market and potential counterweight to China's assertiveness in...

  • FACTBOX-Obama and Modi aim high with India summit Saturday, 24 Jan 2015 | 2:00 PM ET

    President Barack Obama arrives in India on Sunday for the second time, to build on what he calls one of the defining relationships of the 21st Century. Prime Minister Narendra Modi's assertiveness in the region has already aligned India more with Washington, but they do not see eye-to-eye on Pakistan, and India is worried about the exit of U.S. troops from...

  • Unlikely buddies Obama and Modi aim high on India trip Saturday, 24 Jan 2015 | 1:59 PM ET

    NEW DELHI, Jan 25- In a fresh bid to make India an enduring strategic partner, U.S. President Barack Obama lands in New Delhi on Sunday for a highly symbolic parade and to nurture friendship with a prime minister who until last year was persona non grata in Washington. The United States views India as a vast market and potential counterweight to China's...

  • *BlackRock chief points to more pessimistic mood in Davos. Two days after the European Central Bank launched a bold bond-buying drive to revive inflation in the euro zone, a top ECB official warned that Europe's common currency project could come unstuck if the bloc limped on with sluggish growth and mass unemployment. Reviewing the global economic outlook at...

  • Global economy hopes raised after European stimulus Saturday, 24 Jan 2015 | 8:51 AM ET

    DAVOS, Switzerland— The global economic outlook just got brighter after this week's big stimulus from the European Central Bank, leading policymakers from around the world said Saturday. In a panel at the World Economic Forum in Davos, they said a perkier Europe, coupled with a prolonged period of low oil prices, could help shore up the global economy following a...

  • DAVOS, Switzerland, Jan 24- Weak growth and high unemployment are weakening Europe's single currency project and it is up to politicians to act following the decision by the ECB this week to launch a quantitative easing programme, ECB board member Benoit Coeure said. "We can't do everything for Europe, we did our part on Thursday, others have to do their part.

  • DAVOS, Switzerland— Ukraine will focus on fixing its huge problem of corruption as it tries to convince its international rescue creditors to give it more loans, a government official said Saturday. The economy and public finances of Ukraine have been drained by uncertainty over the country's future amid a war in its eastern region. The country got bailout...

  • War is exploding anew in Ukraine; rebels vow more Saturday, 24 Jan 2015 | 5:35 AM ET
    Ukrainian army forces patrol in the Tonenkoe town near Donetsk International Airport

    Unexpectedly, at the height of the Ukrainian winter, war has exploded anew on a half-dozen fronts across eastern Ukraine. The New York Times reports.

  • LISBON, Portugal— The fate of the European Central Bank's aggressive plan to stimulate the economy out of stagnation lies with the 340 million people in the 19- country euro alliance. The ECB plans to pump more than 1 trillion euros in new money into the region's economy. —Mario Polegato, billionaire chairman of Italian shoe company Geox SpA:.

  • DIARY- Top Economic Events to Feb 10 Friday, 23 Jan 2015 | 7:00 PM ET

    DAVOS, Switzerland- Bank of England Governor Mark Carney to take part in panel discussion on "The Global Economic Outlook"- 1500 GMT. **DUSSELDORF, Germany- Deutsche Bundesbank board member Joachim Nagel speaks at the annual conference of the German-Chinese Economy, organized by Handelsblatt and HSBC- 1400 GMT. LUXEMBOURG- Central Bank of Luxembourg Governor and...