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Antonis Samaras

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  • FOREX-U.S. dollar retreat continues for third day Wednesday, 10 Dec 2014 | 10:20 AM ET

    *Political uncertainty in Greece weighs on markets. NEW YORK, Dec 10- The U.S. dollar fell against the safe-haven yen for a third straight session on Wednesday as risk appetite diminished amid worries about Greece and the outlook for China, the world's second largest economy. "This recent fall in the dollar against the yen is more about profit-taking from...

  • Renewed slide in energy stocks sends Europe shares lower Wednesday, 10 Dec 2014 | 10:11 AM ET

    LONDON, Dec 10- European equities turned negative on Wednesday, as a fresh fall in the price of Brent crude oil hit energy stocks. "Crude oil is under punishment today once again on the back of the OPEC news. OPEC has cut its demand forecast for next year and this has unbalanced the demand and supply equation further and traders are not liking the sound of this at all, "...

  • NEW YORK, Dec 10- U.S. "I'm not quite so sure that demand is going to be as strong as what it might have been at a little bit lower levels, but given the positive outlook for inflation and demand for U.S. debt compared to other global sovereign yields, I would suspect that the auctions should go well," said Mary Ann Hurley, vice president of trading at D.A. Davidson Co. in...

  • *China inflation falls to 5- year low of 1.4 pct. LONDON, Dec 10- Oil prices were anchored near five-year lows and Germany's benchmark government bond yield fell to a record low on Wednesday as concerns over Greece's political and financial prospects spurred demand for safety. At 1220 GMT Britain's FTSE 100 was up 0.2 percent at 6,542 points, Germany's DAX was up...

  • *Norway's central bank may set scene for lower rates. *Political uncertainty in Greece keeps euro in check. LONDON, Dec 10- The Norwegian crown slumped to its lowest point in over five years against the euro on Wednesday, battered by falling oil prices and investors betting that Norway's central bank will point towards further monetary easing on Thursday.

  • PARIS, Dec 10- European stocks rose in a technical bounce on Wednesday after sliding 3 percent slide over two days, although energy stocks dropped again as Brent crude fell toward $65 a barrel. If Samaras fails to secure victory for his presidential candidate, snap national elections could be called which the leftist Syriza party-- a fierce opponent of Greece's...

  • *Political uncertainty in Greece keeps euro in check. LONDON, Dec 10- The euro edged higher against the dollar on Wednesday, but investors remained nervous over an uncertain political situation in Greece and some looked to sell into any bounce in the single currency. The euro was up 0.15 percent against the dollar at $1.2390, having fallen to $1.2365 earlier in...

  • Greece lags steady European shares on election worries Wednesday, 10 Dec 2014 | 4:33 AM ET

    *BMW rallies after deliveries update. LONDON, Dec 10- European equity indexes staged a modest rebound on Wednesday, led by German stocks after a strong update from BMW, although worries about Greece capped sentiment. If Prime Minister Antonis Samaras fails to secure victory for his presidential candidate, snap national elections could be called that the...

  • *Political uncertainty in Greece weighs on euro. LONDON, Dec 10- The euro fell broadly on Wednesday amid growing concerns over the political situation in Greece that could increase the chances of monetary policy easing early next year by the European Central Bank. The Greek government has brought forward to next week a presidential vote that will force nearly...

  • *Political uncertainty in Greece spooks some. SYDNEY/ TOKYO, Dec 10- The dollar nursed hefty losses on Wednesday following a brutal shakeout of bullish positions as investors found incentives to take profits as the year-end loomed. Spooking markets, political uncertainty in Greece appeared to have reignited worries about Europe, prompting a slide in equities...

  • *Political uncertainty in Greece spooks some. *China inflation data next in focus. Spooking markets, political uncertainty in Greece appeared to have reignited worries about Europe, prompting a flight to safety into U.S.

  • FACTBOX-Greece's upcoming presidential vote Tuesday, 9 Dec 2014 | 12:04 PM ET

    ATHENS, Dec 9- By bringing forward a parliamentary vote to elect a new head of state, Greek Prime Minister Antonis Samaras is betting his political future and that of his weary nation in a gamble to be played out over the next three weeks. The presidential vote will be held in three rounds, on Dec. 17, Dec. 23 and Dec. 29. His candidate is almost certain not to be able to cross...

  • *Greece may get credit line till February- Schaeuble. If Samaras fails to secure victory in parliament for his presidential candidate, snap national elections will be called that the leftist Syriza party- a fierce opponent of Greece's bailout deal with the European Union and IMF- is likely to win. The Athens general stock index tumbled 12.8 percent, its biggest...

  • ATHENS, Dec 9- Prime Minister Antonis Samaras named his candidate on Tuesday for the Greek presidency under a gamble that, if it fails, would force snap parliamentary elections when anti-bailout leftists would probably come out on top. Financial markets took the uncertainty badly, with Greek stocks and bonds tumbling on the plan to start voting for the...

  • LONDON, Dec 9- Greek share and sovereign bond markets plunged on Tuesday after the government brought forward a presidential vote, in a political gamble that heightened uncertainty over the country's transition out of its IMF/EU bailout. Athens stock exchange's main index was down 8.9 percent, setting it on course for its sharpest one-day drop since 2009. An...

  • LONDON, Dec 9- Oil prices fell to fresh five-year lows on Tuesday, prompting investors rattled by worries over global growth and renewed political uncertainty in Greece to dump shares. The government of bailed-out euro zone member Greece brought forward a presidential vote to next week in a political gamble that could trigger parliamentary polls if Prime...

  • The decision came after euro zone finance ministers said they were in favour of granting Greece its request for only a two-month extension to its bailout programme, a boost for Prime Minister Antonis Samaras who has been pushing for an early exit from the programme which is deeply unpopular in Greece. The decision effectively throws down the gauntlet to...

  • ATHENS, Dec 8- Greece's government on Monday brought forward a crucial presidential vote by two months, in a surprise move after securing a two-month extension of its bailout programme. The presidential vote has created uncertainty in Greece for months as failure to elect a president would lead to snap elections and political instability.

  • BRUSSELS, Dec 8- Euro zone finance ministers are in favour of granting Greece a two-month extension of its bailout program, which Athens will ask for on Tuesday, Eurogroup chief Jeroen Dijsselbloem said on Monday. Greece's parliament approved next year's budget in the early hours of Monday, the plan being closest to a balanced budget Greece has produced in more...

  • Euro zone mulls longer Greek bailout, Athens refuses Thursday, 4 Dec 2014 | 6:28 PM ET
    Greek Prime Minister Antonis Samaras

    Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program.