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  • FRANKFURT, July 5- Berlin is wooing private investors including Macquarie and JP Morgan to take a stake in its much-delayed new international airport, German newspaper Bild wrote on Sunday. He said the company was in a "pre-notification phase" with the European Commission, in which it has to demonstrate the potential return on investment for any private...

  • ATHENS, July 5- Greeks voted on Sunday in a referendum that could determine their future in Europe's common currency, with banks shuttered, the treasury empty and a population desperate, angry and so deeply split that the outcome was too close to call. His European partners, however, say rejection would set Greece on a path out of the euro, with potentially...

  • The plan, which still needs Greek parliamentary approval and a final accord with Switzerland, is to levy a flat 21 percent tax on such assets to make them legitimate, raising millions that the government in Athens desperately needs, the Sunday paper said, citing unidentified sources. The amount should become clear by 2018, when Switzerland is supposed to begin...

  • BERLIN, July 5- Bundesbank chief Jens Weidmann has warned Angela Merkel's cabinet that a Greek exit from the euro zone would rip billions of euros out of the German budget, German business daily Handelsblatt reported on Sunday, citing government sources. The paper said that Weidmann had warned that the costs of a Grexit would hit Bundesbank profits, which flow...

  • A woman talks to a police officer as she waits outside a national Bank branch, as banks only opened for pensioners to allow them to get their pensions, with a limit of 120 euros.

    No matter which way the Greek vote goes, the European Central Bank on Monday will face a series of agonizing decisions.

  • VIENNA— Nine days into marathon nuclear talks, U.S. World powers and Iran are hoping to clinch a deal by Tuesday, setting a decade of restrictions on Iran's nuclear program and granting Iran significant relief from international sanctions. Kerry met for 3 ½ hours on Sunday with Iranian Foreign Minister Mohammad Javad Zarif, as top diplomats from the five other...

  • *Battery storage still too expensive in most of Europe. NICE, France, July 5- A major pilot project by Europe's largest power network operator to integrate power from rooftop solar panels into the grid has shown that battery storage of renewable energy is not yet economically viable in Europe. The 30 million euro "Nice Grid" pilot is one of the biggest in a European...

  • *Creditors say Greece's euro membership at stake. ATHENS, July 5- Greece voted on Sunday on whether to accept more austerity in exchange for international aid, in a high-stakes referendum likely to determine whether it leaves the euro-currency area after seven years of economic pain. Investors and European policymakers say a rejection would set Greece on a...

  • ATHENS, Greece— The latest from the bailout referendum in Greece:. Even if Greek voters strongly favor "yes" or "no" in the bailout referendum, neither result leads to a clear answer for what Greece should do about its overstretched finances. Since Greece is no longer in a bailout program, it has to negotiate a new one with creditors that involves even more money for its...

  • A rally in support of a "NO" vote in Athens, Greece, July 3, 2015.

    Greek voters are torn on taking the bailout, with the 'yes' camp only marginally outweighing the 'no' voters, a poll showed.

  • FRANKFURT, Germany— After two bailouts totaling 240 billion euros and six years of depression, spending cuts and lost jobs, Greece teeters on the edge of collapse. Ahead of the vote, here are seven short explanations of how Greece got into today's mess:. There is no way around it: Greece engaged in a three-decades-long credit binge starting in the early 1980 s,...

  • AIX-EN-PROVENCE, France, July 4- Suez Environnement, the world's second largest waste and water company, said on Saturday market trends were slightly more favourable in the second quarter of the year after a flat first quarter. In April, the French group reported a 5.5 percent increase in first quarter sales, boosted by the euro's weakness. In the second quarter...

  • *Germany's Schaeuble says Greece might lose euro "temporarily". ATHENS, July 4- Greece's finance minister accused creditors of trying to "terrorise" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced from the euro after a referendum on Sunday on bailout terms. The left-wing government is urging a "No" vote, saying...

  • FRANKFURT, July 4- German gun maker Heckler& Koch is going to court to rescue the reputation of its G36 gun, its signature product whose quality has been questioned by the German government. Germany is still reluctant to send its troops to crisis zones, 70 years after the end of World War Two. Germany has recently reversed course on arms exports following a storm of...

  • VIENNA— World powers and Iran have drawn up a draft document on the pace and timing of sanctions relief for the Islamic republic in exchange for curbs on Iran's nuclear program, advancing on one of the most contentious issues at their negotiations, diplomats told The Associated Press on Saturday. Officials had described sanctions relief as one of the thorniest...

  • INSIGHT-A Greek challenge for "Mr Europe" Juncker Saturday, 4 Jul 2015 | 5:21 AM ET

    *European Commission president sees vote as danger to EU. BRUSSELS, July 4- It's sultry early July and an emotional Jean-Claude Juncker is on the stump, calling for a' Yes' vote in a referendum on which he says hangs the future of Europe- and his own career. "A' Yes'... would have a significance... well beyond Europe," he tells voters.

  • GREECE'S VAROUFAKIS SAYS IF THE COUNTRY VOTES' NO', PM TSIPRAS WILL GO TO BRUSSELS AND REACH AN AGREEMENT.

  • Would Greek exit help or hurt Europe's currency union? Saturday, 4 Jul 2015 | 2:33 AM ET

    Greece could leave the euro. For Greece, the short-term pain and turmoil could be extreme whereas the currency union would likely survive the initial shock. Ironically, a few experts think one of the most devastating outcomes for the euro would be if Greece leaves and, against all expectation, thrives.

  • Greeks mull consequences of crucial bailout referendum Saturday, 4 Jul 2015 | 12:02 AM ET

    ATHENS, Greece— Campaigns halt in Greece on Saturday on the eve of a closely watched bailout referendum— with voters in a dead heat over whether to defy creditors and push for better repayment terms or essentially seek new political leadership to find a compromise. Rival rallies took place a half-mile apart in central Athens late Friday, and Tsipras made his...

  • *PM Tsipras urges vote for "dignity in Europe". His European partners say a' No' vote will jeopardize Greece's membership of the euro. Tsipras says they are bluffing, fearing the fallout for Europe and the global economy.