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Angela Merkel

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  • *Athens to use vital EU wording to request extension- newspaper. ATHENS, Feb 19- Greece is expected to ask on Thursday for an extension to its euro zone loan agreement skirting tough bailout conditions to avoid running out of cash within weeks, but it must overcome resistance from skeptical partners led by Germany. Athens is expected to submit a request to extend...

  • So what would it cost if Greece left the euro? Neither side wants Greece to leave the single currency zone. Without more money, Greece may default on debts due this spring and summer.

  • Putin calls West's bluff over Ukraine peace deal Wednesday, 18 Feb 2015 | 12:52 PM ET

    MOSCOW, Feb 18- Vladimir Putin has called Europe's bluff over east Ukraine as Russia- backed separatists seize a strategic town in defiance of a ceasefire brokered by France and Germany. But declaring the agreement dead would be likely to force Europe to impose new economic sanctions on Russia and increase pressure on U.S. "There is the notion that the West goes to...

  • Greece's strategic location and ties to Russia give its new leftist-led government some leverage in its struggle to make European Union creditors ease up on austerity and give Athens more time to repay its mountain of debt, if it ever does. If the weakest link were to fall, EU officials and analysts say markets would immediately focus on which country might be...

  • *Debaltseve and Donetsk shelled in east Ukraine. VUHLEHIRSK, Ukraine, Feb 16- Pro-Russian rebels pounded encircled Ukrainian government forces on Monday and Kiev said it would not pull back heavy guns while a truce was being violated, leaving a European-brokered peace deal on the verge of collapse a day after it took effect. Fighting had subsided in many parts of...

  • Fears of financial chaos have seen savers taking their cash out of Greek banks- a movement banking sources said had been the reason for the European Central Bank offering more emergency funding for Greek banks on Thursday until after crunch talks among euro zone finance ministers on Monday. Greek markets rose strongly after new prime minister Alexis Tsipras,...

  • MOSCOW, Feb 13- The rouble was stronger on Friday and Russian shares rose, helped by a peace agreement to end the war in Ukraine and a rise in oil prices to $60 per barrel. The reaction of the rouble was relatively muted, however, reflecting the impact of a large foreign debt repayment by oil company Rosneft, and doubts about how soon Western sanctions against Russia...

  • BRUSSELS, Feb 12- Greece agreed on Thursday to talk to its creditors about the way out of its hated international bailout in a political climbdown that could prevent its new leftist-led government running out of money as early as next month. Prime Minister Alexis Tsipras, attending his first European Union summit, agreed with the chairman of euro zone finance...

  • Despite Ukraine cease-fire, default risk still high Thursday, 12 Feb 2015 | 1:50 PM ET
    Members of the Ukrainian armed forces ride on an armored personnel carrier near Debaltseve, Ukraine, February 12, 2015.

    Despite a tentative cease-fire and multibillion-dollar IMF aid package, Ukraine's economy remains in peril.

  • MINSK, Feb 12- Germany, France, Russia and Ukraine agreed a deal offering a "glimmer of hope" for an end to conflict in eastern Ukraine on Thursday, but the United States said continued, intense fighting ran counter to the spirit of the accord. The deal, announced after more than 16 hours of discussions through the night in the Belarussian capital Minsk, was followed...

  • BRUSSELS/ FRANKFURT, Feb 12- The European Central Bank raised pressure on Greece on Thursday to extend a bailout deal with its international creditors as new leftist prime minister Alexis Tsipras told EU leaders austerity is killing his economy and they must find an alternative. Other leaders said it was up to Greece to respect budget discipline and economic...

  • MINSK, Feb 12- Germany, France, Russia and Ukraine agreed a deal that offers a "glimmer of hope" for an end to fighting in eastern Ukraine after marathon overnight talks. In a further sign of its fragility, a Ukrainian military spokesman said around 50 tanks, 40 missile systems and 40 armoured vehicles had crossed overnight into eastern Ukraine from Russia.

  • UPDATE 4-Russian assets rise on Ukraine ceasefire deal Thursday, 12 Feb 2015 | 6:59 AM ET

    *Rosneft repays $7 billion loan trache. MOSCOW, Feb 12- Russian assets strengthened on Thursday after leaders at peace talks in Minsk agreed a deal to halt fighting in eastern Ukraine, but the rouble's bounce was short-lived as currency dealers saw foreign currency purchases pick up. Participants at the Minsk summit, attended by the leaders of Ukraine, Russia,...

  • *Tsipras in Brussels for EU summit as euro talks stall. BRUSSELS, Feb 12- Greece's radical new prime minister Alexis Tsipras was in Brussels on Thursday to lay out his case for more financial help to fellow EU leaders following finance ministers' failure to narrow differences overnight. "Oh yes," Tusk said with theatrical emphasis when asked by reporters if he was...

  • MINSK, Feb 12- The leaders of Germany, France, Russia and Ukraine have agreed a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday. The news came as Ukraine was offered a $40- billion lifeline by the International Monetary Fund to stave off financial collapse. The Minsk summit agreement offered hope for eastern Ukraine,...

  • Minsk agreement: Must be implemented  Thursday, 12 Feb 2015 | 5:00 AM ET

    Discussing the ceasefire deal reached between Russia and Ukraine, Rob Carnell, chief international economist at ING, says while it's a positive start, there needs to be an "implementation on the ground" to ensure that the agreement follows through.

  • Putin: Leaders agree on Ukraine cease-fire Thursday, 12 Feb 2015 | 4:40 AM ET
    Russian President Vladimir Putin attends peace talks over Eastern Ukraine.

    A cease-fire between Russia and Ukraine will start Sunday, Russian President Vladimir Putin says.

  • Ukraine deal: A 'necessary' start, not a solution  Thursday, 12 Feb 2015 | 4:30 AM ET

    It appears that Russia's Vladimir Putin and Ukraine's Petro Poroshenko have reached an agreement on peace in Ukraine. Christopher Granville, managing director at Trusted Sources, discusses.

  • MINSK, Feb 12- The leaders of Ukraine, Russia, Germany and France may be close to agreement following all-night talks on resolving the Ukraine conflict, diplomatic sources said on Thursday. The discussions came as pro- Moscow separatists tightened the pressure on Kiev by launching some of the war's worst fighting on Wednesday, killing 19 Ukrainian soldiers in...

  • Cramer Remix: Buy this as oil swings Wednesday, 11 Feb 2015 | 7:12 PM ET
    Jim Cramer on the set of Mad Money

    "Mad Money" host Jim Cramer is making a call on what to buy as oil continues to fluctuate.