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Angela Merkel

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  • NEW YORK, April 23- U.S. "The weaker economic data certainly helped pulled some bids back into the market," said Andrew Richman, fixed income strategist at SunTrust Private Wealth Management in Palm Beach, Florida. Uneasiness about Greece and its future in the euro zone also underpinned safe-haven demand for Treasuries.

  • NEW YORK, April 23- The dollar was knocked lower on Thursday by a decline in U.S. new-home sales fanning worries about U.S. economic growth, while the euro rose more than 1 percent on waning fears of a Greek default. "What we have seen so far is a mixed data bag," said Mazen Issa, senior currencies strategist at TD Securities in Toronto. The euro, which has been sliding for...

  • PARIS, April 23- The risk that Greece would have to leave the euro if it has to accept more austerity is no bluff, Greek Finance Minister Yanis Varoufakis told a French magazine, saying that no one could predict what the consequences of such an exit would be. In a conversation with philosopher Jon Elster conducted at the end of March and published in France's...

  • NEW YORK, April 23- Oil prices climbed to their highest levels of the year on Thursday as tensions in the Middle East sparked supply concerns, while the boost from energy-related stocks helped U.S. equities shrug off a batch of soft economic data. Brent crude touched a high of $65.13, its highest since December, and was last up 3.6 percent at $64.97 a barrel, while U.S....

  • *Merkel wants to keep Greece in euro zone, avoid default- EU aide. The leftist Greek premier met the conservative German leader before an emergency European Union summit on migration, a day before euro zone finance ministers meet in Riga to review progress-- or the lack of it-- in slow-moving negotiations between Athens and its international lenders.

  • FOREX-Dollar dips, euro rises, as Greek fears fade Thursday, 23 Apr 2015 | 11:12 AM ET

    *New Zealand dollar hammered by hint at lower rates. The euro, which has been sliding for months on a massive bond-buying program and anxieties about Greece possibly defaulting, rose against the dollar on Thursday despite weaker-than-forecast euro zone private sector business growth. German Chancellor Angela Merkel was expected to tell Greece's prime...

  • BRUSSELS, April 23- Greek Prime Minister Alexis Tsipras called for a speeding up of the process to conclude a reform-for-cash deal with euro zone creditors after talks with German Chancellor Angela Merkel on Thursday, a Greek official said. The official said the short meeting on the sidelines of a European Union summit in Brussels- their first since Tsipras...

  • TREASURIES-U.S. yields stabilize after market selloff Thursday, 23 Apr 2015 | 9:45 AM ET

    NEW YORK, April 23- U.S. Analysts blamed the market downdraft on a combination of factors, including a perceived hawkish tilt in the minutes of the Bank of England's previous meeting as well as investors paring heavy holdings in Bunds due to the European Central Bank's bond purchase programs, and concerns about Greece striking a deal with its creditors.

  • BRUSSELS/ BERLIN, April 23- German Chancellor Angela Merkel was expected to press Greek Prime Minister Alexis Tsipras on Thursday to move faster to agree detailed economic reforms crucial to unlock international bailout funds before Athens runs out of cash. The conservative German leader was due to meet the leftist Greek premier just before an emergency...

  • Greece's shifting bailout deadlines fuel uncertainty Thursday, 23 Apr 2015 | 4:10 AM ET

    Global financial officials gathered in Washington D.C. last week said Greece remains one of the biggest risks to the world economy even though the 19- country eurozone has done a lot over the past five years to insulate itself. For weeks the meeting in Riga was expected to be the one when Greece's immediate financial future would be sorted out.

  • *Japan shares make another 15- year top amid bullish sentiment. Neither was the news bright from Japan where the Markit/ JMMA flash PMI fell to 49.7 in April from a final 50.3 in March. Stocks in South Korea gained 0.5 percent to near a four-year top, while MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 percent and was just shy of its highest...

  • *Japan shares make another 15- year top amid bullish sentiment. *Spike in UK yields spreads to sovereign debt globally. Stocks in South Korea gained 0.5 percent to near a four-year top, while MSCI's broadest index of Asia-Pacific shares outside Japan was not far from its highest since early 2008..

  • ATHENS/ BRUSSELS, April 22- Greece can scrape together enough cash to meet its payment obligations until June, euro zone and Greek officials said on Wednesday, playing down fears of an imminent default as hopes receded of a deal with its creditors to release fresh aid. Greece has received two international bailouts worth 240 billion euros since 2010 but its...

  • BRUSSELS, April 21- Euro zone finance ministers will not set any deadline for Greece to come up with reforms to get more funding because such time limits lead to brinkmanship in negotiations, a senior euro zone official said on Tuesday. Greece, which is quickly running out of cash, pledged to its euro zone partners in February that by the end of April it would agree...

  • *ECB may reduce collateral value for Greek banks- Bloomberg. Treasuries prices were little changed on Tuesday, steadying after the prior day's losses, as worries about Greek banks' access to cash were offset Staff at the European Central Bank have prepared a plan to reduce further the value it assigns to securities Greek banks use to get emergency funding,...

  • Greek anger over state cash grab from public entities Tuesday, 21 Apr 2015 | 7:16 AM ET

    At an emergency meeting in Athens, angry mayors voted to defy the order to have spare reserves put in a central bank account. Until it reaches an agreement with its creditors from the 19- country eurozone and the International Monetary Fund, Greece will not get a badly-needed 7.2 billion euros in rescue funds, without which Athens will be unable to meet loan...

  • *Two more rescues underway near Libya, one off Greece. CATANIA, Italy/ LUXEMBOURG April 20- The European Union proposed doubling the size of its Mediterranean search and rescue operations on Monday, as the first bodies were brought ashore of some 900 people feared killed in the deadliest shipwreck while trying to reach Europe. Malta's Prime Minister Joseph...

  • BERLIN, April 18- Thousands of people marched in Berlin, Munich and other German cities on Saturday in protest against a planned free trade deal between Europe and the United States that they fear will erode food, labour and environmental standards. Opposition to the Transatlantic Trade and Investment Partnership is particularly high in Germany, in part due to...

  • FRANKFURT, April 17- The European Central Bank has analysed a scenario in which Greece runs out of money and starts paying civil servants with IOUs, creating a virtual second currency within the euro bloc, people with knowledge of the exercise told Reuters. Greece is close to having to repay the International Monetary Fund about 1 billion euros in May and...

  • BERLIN, April 16- Germany should use its strong fiscal position to lower taxes, leading German, Swiss and Austrian economic institutes said on Thursday in a report commissioned by the German government. The German government balanced its budget in 2014, a year ahead of schedule, and the institutes forecast that Berlin would achieve public budget surpluses of...