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  • *Bild urges Merkel to be tough at Greece summit. The first point in the plan: the immediate exit of Greece from the euro zone. And her centre-left coalition partners, the Social Democrats, are also talking tough these days, limiting Merkel's room to forge compromises with Greek Prime Minister Alexis Tsipras that would keep Greece in the currency bloc.

  • RIGA/ STRASBOURG, France, July 7- A Soviet-era rubbish dump in a swamp on the outskirts of Riga was once an obstacle to Latvia's European Union membership. They are pollinated by bumble bees specially imported from Belgium, headquarters of the EU, which made reform of the rat-infested health hazard a requirement for Latvia's EU accession in 2004..

  • Euro-area leaders and finance ministers are meeting in Brussels to discuss Greece and a lack of progress could put pressure on the euro. European Commission President Jean-Claude Juncker told the European Parliament on Tuesday Greece's government must come forward with proposals to resolve its debt crisis. He said he still opposed calls for Greece to be...

  • *China stock markets fall again, Greece fights to stay in euro. *Possible return of Iran oil exports weighs on forward contracts. LONDON, July 7- Oil rose on Tuesday after one of its biggest sell-offs this year but looked vulnerable to more falls after China's stock market took another tumble and Greece moved closer to leaving the euro zone.

  • STRASBOURG, July 7- Jean-Claude Juncker, the EU's chief executive, chided the Greek government and his own German critics on Tuesday and pledged to counter those he said were secretly trying to force Greece out of the euro zone. In a speech to the European Parliament in Strasbourg ahead of a crunch euro summit in Brussels later in the day, the European Commission...

  • *China stock markets fall again, Greece fights to stay in euro. *Possible return of Iran oil exports weighs on forward contracts. LONDON, July 7- Oil prices rallied on Tuesday, after one of their biggest selloffs this year, but looked vulnerable to further falls after China's stock market took another tumble and Greece moved closer to leaving the euro zone.

  • *Europe shares recover as Greece summit awaited. Failure to reach a deal would increase the likelihood of Greece leaving the single currency. "The rest of Europe is ring fenced from what's going on in Greece.

  • That kept alive fears Greek banks will soon run out of cash and that Greece's problems will spread to other Southern European countries. Euro-area leaders and finance ministers are meeting in Brussels to discuss Greece. European Commission President Jean-Claude Juncker told the European Parliament on Tuesday Greece's government must come forward with...

  • BRUSSELS/ ATHENS, July 7- Greece faces a last chance to stay in the euro zone on Tuesday when Prime Minister Alexis Tsipras puts proposals to an emergency euro zone summit after Greek voters resoundingly rejected the austerity terms of a defunct bailout. The leaders of Germany and France, the currency area's two main powers, said after conferring on Monday that...

  • *Investors hope for eventual deal on Greece. TOKYO, July 7- Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union. Japan's Nikkei rose 1.4 percent after a sharp fall on Monday while European shares were...

  • Tsipras faces intense pressure from creditors abroad and banks at home who all demand what Greece lacks: money. With Greece's future in the European Union and its euro currency at stake, a Monday meeting between German Chancellor Angela Merkel and French President Francois Hollande in Paris set the tone for the Brussels talks. Tsipras scored a bigger than...

  • *Investors hope for eventual deal on Greece. *China share market losses raise concerns for Asia. Japan's Nikkei rose 1.2 percent while MSCI's broadest index of Asia-Pacific shares outside Japan, which fell to six-month low on Monday, was up 0.2 percent.

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT. PARIS- Bank of France Governor Christian Noyer is due to speak about EU capital markets union at a financial sector conference- 0700 GMT. FRANKFURT- German's Bundesbank Board member Joachim Nagel to speak on "Asset Management of Public Pension Funds"- 1400 GMT.

  • MUNICH/ FRANKFURT, July 6- German broadcaster ProSiebenSat.1 and German publishing house Axel Springer have reignited talks for a merger, seeking to consolidate their push into digital media, two sources familiar with the matter said on Monday. Axel Springer, the publisher of Europe's best-selling tabloid Bild, and ProSieben, broadcaster of mass-market hits...

  • PARIS/ ATHENS, July 6- France and Germany told Greece on Monday to come up with serious proposals in order to restart financial aid talks, a day after Greeks voted overwhelmingly to reject more austerity. German Chancellor Angela Merkel and French President Francois Hollande, the euro zone's most powerful leaders, said Athens must move quickly if it wants to...

  • MUNICH, July 6- German commercial broadcaster ProSiebenSat.1 and German publishing house Axel Springer are in early-stage merger talks, a source familiar with the matter said on Monday. Both Axel Springer, the publisher of Europe's best-selling tabloid Bild, and ProSieben are in a race to adapt to rapidly changing markets. Meanwhile, Springer is moving away...

  • MUNICH, July 6- German broadcaster ProSiebenSat.1 and German publishing house Axel Springer are in early-stage merger talks, a source familiar with the matter said on Monday. The news of the merger talks was first reported by the Wall Street Journal. ProSieben declined to comment while Axel Springer was not immediately available for comment on Monday evening.

  • NEW YORK, July 6- Oil prices suffered their biggest selloff in five months on Monday, falling as much as 8 percent as Greece's rejection of debt bailout terms and China's stock market woes set off a deepening spiral of losses. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal, which could bring more supply to the...

  • *Decision keeps pressure on Athens. FRANKFURT/ ATHENS, July 6- The European Central Bank kept a tight funding grip on Greece's banks on Monday in a move that will see the country's shuttered lenders run out of cash soon. The measure ensures that Greek banks must stay closed for the time being and keeps pressure on Prime Minister Alexis Tsipras a day ahead of a meeting...

  • PARIS/ ATHENS, July 6- France and Germany told Greece to come up with serious proposals in order to restart financial aid talks, raising pressure on Prime Minister Alexis Tsipras to compromise a day after his country voted overwhelmingly against more austerity. After a meeting in Paris, German Chancellor Angela Merkel and French President Francois Hollande...