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Angela Merkel

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  • 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...

  • Aetna falls after Humana deal. Greek Prime Minister Alexis Tsipras promised German Chancellor Angela Merkel that Greece would bring a proposal for a cash-for-reforms deal to an emergency summit of euro zone leaders on Tuesday, a Greek official said. Though Greece is causing a lot of uncertainty, a deal should get done to keep them in the Euro Zone, according to...

  • 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...

  • ROME, July 6- Italy called on Monday for Greece and its creditors to resume negotiations with a greater willingness to compromise in order to resolve Greece's debt crisis and ensure Athens is not pushed out of the euro zone. The call from Sandro Gozi, Italy's top EU affairs official, contrasted with remarks from northern European capitals which appear to have...

  • PARIS, July 6- Leaders of France and Germany told Greece's government the door for negotiations with creditors remained open but urged it to make credible proposals at a euro zone summit to reach a cash-for-reform deal and so avoid a euro zone exit. "It's now up to the government of Alexis Tsipras to offer serious, credible proposals so that this will can be turned...

  • PARIS, July 6- Leaders of France and Germany told Greece's government on Monday the door for negotiations with creditors remained open but urged it to make quick proposals to reach a cash-for-reform deal. Merkel said the conditions for a discussion on a program involving the European Union's bailout fund were not present and urged Greece to put proposals on...

  • TIRANA, Albania— Two days before German Chancellor Angela Merkel's visit to Tirana, the German government has signed six loans and grants worth a total of 107.5 million euros to promote Albania's energy and water supply sectors. Finance Minister Shkelqim Cani on Monday said Germany has been one of Albania's main donors since the countries re-established...

  • FRANKFURT, Germany— Greece is at the last chance saloon, thirsty and out of credit. "Greece is in limbo and is sliding fast toward Grexit," said Berenberg Bank economist Holger Schmieding, using the shorthand for Greek exit. Here are questions and answers on what Greece faces next.

  • *German government says up to Greece to act to stay in euro. BERLIN, July 6- The German government signaled a tough line towards Greece on Monday, saying it saw no basis for new bailout negotiations and insisting it was up to Athens to move swiftly if it wanted to preserve its place in the euro zone. With opinion towards Greece hardening in Germany's ruling coalition...

  • NEW YORK— Stocks in the U.S. fell broadly in afternoon trading Monday following sharper drops in Europe and Asia as Greeks voted to reject the spending cuts and tax increases demanded by its creditors for additional loans. Meeting in Paris with her French counterpart, German Chancellor Angela Merkel stressed the importance of Greece taking "responsibility"...

  • *Greece owes $3.5 bln bond payment to ECB on July 20. July 6- U.S. stocks were set to open lower on Monday after Greece rejected debt bailout terms, throwing the future of the country's euro zone membership into further doubt. A new bailout deal is needed for Greece to meet a July 20 deadline to repay $3.9 billion of bonds to the ECB.

  • German Chancellor Angela Merkel and French President Francois Hollande will meet in Paris in the afternoon. *Greece's finance minister quit and Prime Minister Alexis Tsipras said his government was ready to return immediately to negotiations with creditors in a bid to open shuttered banks. The Institute for Supply Management's services index data is...

  • LONDON, July 6- Foreign exchange markets reserved judgment on Greece's place in the euro and the overall solidity of the common currency project on Monday, prodding the euro just over half a cent lower after Greeks voted' No' to further austerity. The euro had sunk below $1.10 in initial trade in Asia after a vote that a number of major banks said made a' Grexit' the most...

  • *German government says up to Greece to act to stay in euro. BERLIN, July 6- The German government signalled a tough line towards Greece on Monday, saying it saw no basis for new bailout negotiations and insisting it was up to Athens to move swiftly if it wanted to preserve its place in the euro zone. With opinion towards Greece hardening in Germany's ruling coalition...

  • LONDON, July 6- Greece leaving the euro zone has tipped over to become the base case for many international bank economists after Sunday's overwhelming' No' vote against further austerity imposed by creditors. A Reuters poll of more than 70 economists published a week ago, just before Greece defaulted on a 1.6 billion euro payment to the International Monetary...

  • *European partners say await new proposals from Greece. ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, an avowed "erratic Marxist"...

  • *Greece must come back with fresh proposals-Sapin. PARIS, July 6- France urged Greece on Monday to come back to the negotiating table with new proposals, insisting a cash-for-reform deal was possible even as the country's resounding' No' vote prompted growing German calls for its exit from the euro zone. President Francois Hollande, who welcomes Germany's Angela...

  • ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed "erratic Marxist" economist who infuriated euro zone partners with his...

  • LONDON, July 6- Foreign exchange markets reserved judgment on Greece's place in the euro and the overall solidity of the common currency project on Monday, prodding the euro less than half a percent lower after Greeks voted' No' to further austerity. The euro had sunk below $1.10 in initial trade in Asia after a vote that a number of major banks said made a' Grexit' the...

  • ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any last-minute deal to keep Athens in the euro zone after Greeks voted resoundingly to reject the austerity terms of a bailout. With banks shuttered, cash machines running out of banknotes and sympathy for Athens among EU governments close to...