Euro zone officials have approved the transfer of 4 billion euros ($5.3 billion) of funding to Greece and euro zone governments are expected to approve disbursement by Monday.» Read More
BRUSSELS, July 9- Greece's inability or unwillingness to collect taxes threatens to create a new financing shortfall, its lenders said in a report seen by Reuters that signals a new low in relations.
ATHENS, July 9- Greece's economy could shrink by as much as 5 percent this year, the Athens- based IOBE think tank said on Tuesday, revising down its previous projection and offering a more pessimistic forecast than the country's foreign lenders.
*Greece hopeful of positive result at Eurogroup. ATHENS, July 3- Greece will not meet targets on reforming its public sector by an end-of-the-week deadline set by its international lenders, Finance Ministry officials said on Wednesday, ahead of a meeting to decide on unlocking a further 8.1 billion euros in aid.
*Coincides with Portugal crisis over measures she championed. BERLIN, July 3- A political crisis in Portugal threatened to overshadow a meeting of EU leaders in Berlin on Wednesday at which Chancellor Angela Merkel had hoped to rebrand herself as a defender of Europe's jobless in the run-up to a German election.
ATHENS, July 3- Greece cannot meet targets on reforming its public sector but expects to reach agreement with its foreign lenders on all other issues by Monday's Eurogroup meeting, finance ministry officials said on Wednesday.
*Greece and Cyprus also face challenges to meet bailout goals. From Greece to Cyprus, Slovenia to Spain and Italy, and now most pressingly Portugal, where the finance and foreign ministers resigned in the space of two days, a host of problems is stirring after 10 months of relative calm imposed by the European Central Bank.
*Greece has bonds to redeem in August. BRUSSELS/ ATHENS, July 2- Greece has three days to reassure Europe and the International Monetary Fund it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid, four euro zone officials said on Tuesday.
*Lender might pay tranche in stages to press Athens on reforms- media. ATHENS, July 1- Greece and its international lenders resume talks on Monday to unlock 8.1 billion euros of rescue loans after a two-week break during which the government almost collapsed over redundancies at state broadcaster ERT.
Athens also needs the cash to help redeem about 2.2 billion euros of bonds in August. The installment is one of the last big cash injections Athens stands to get under its 240- billion euro bailout which expires at the end of 2014..
ATHENS, June 25- Greece's weakened coalition government is expected to survive the departure of a junior partner for now but will be forced to resist any fresh demands from its foreign lenders to prevent its tiny parliamentary majority from crumbling.
*Ten-year German yield hits highest since April 2012. LONDON, June 24- Bond yields rose across the euro zone on Monday, with those on 10- year German Bunds hitting 14- month highs, as the prospect of the Federal Reserve cuting its bond purchases took a further toll on battered debt markets.
LONDON, June 24- Bond yields rose across the euro zone on Monday, with those on 10- year German Bunds hitting 14- month highs, as the prospect of the Federal Reserve winding down monetary stimulus took a further toll on battered debt markets.
LONDON, June 24- German Bund futures hit eight-month lows and lower-rated debt yields rose on Monday as prospects of reduced monetary stimulus in the United States took a further toll on battered bond markets.
*Greece's new political crisis knocks down local stocks. PARIS, June 21- European shares tumbled on Friday in heavy trade, with one major benchmark turning negative on the year for the first time in 2013 as the prospect of reduced U.S. monetary stimulus continued to hit markets worldwide.
*Greek bond yields eye biggest daily rise since July 2012. ATHENS, June 21- The smallest party in Greece's ruling coalition pulled out of the government on Friday after a row over the abrupt closure of the state broadcaster, leaving Prime Minister Antonis Samaras with a tiny majority in parliament.
ATHENS, June 21- The smallest party in Greece's ruling coalition could pull out of the government on Friday after a row over the abrupt closure of the state broadcaster, plunging the indebted nation into fresh turmoil.
ATHENS, June 21- The Democratic Left party may pull out of Greece's ruling coalition on Friday after talks to resume state television broadcasts collapsed, plunging the nation into fresh turmoil.
ATHENS, June 18- Greece has avoided the uncertainty of an early election but the standoff over the state broadcaster's closure has weakened the prime minister and deepened mistrust in his fractious coalition.
Greece on Monday said it would conduct its bond buyback offer through a modified Dutch auction method in which investors declare how much they are willing to sell their bonds at before the price is determined.
*Anger, resignation on streets of Athens. The strike, called by Greece's two biggest labour unions representing half of the four million-strong workforce, brought public transport to a virtual standstill and shuttered schools, banks and local government offices.