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Antonis Samaras

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  • 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.

  • ATHENS, Dec 4- Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, according to a document obtained by Reuters, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program. "Greece has not received any written proposal on an extension," a government official told Reuters.

  • An extension of the bailout, under which Athens will have received a total of 240 billion euros since 2010, is necessary because international lenders and the Greek government are still negotiating what Athens must do to get the remaining 1.8 billion euros and secure a back-up credit line for after the bailout ends and Greece returns to market financing.

  • BRUSSELS/ ATHENS, Dec 3- Greece will have to ask for an extension on its bailout program before parliaments in euro zone nations close for Christmas because a new credit line will not be ready in time, a senior euro zone official said on Wednesday. After two bailouts totalling 240 billion euros since 2010, Greece wants to switch back to market financing from the...

  • ATHENS, Dec 2- Greece has rejected its international lenders' demands for tax rises and income cuts next year, Prime Minister Antonis Samaras said on Tuesday, arguing such measures would be disastrous for the country which has emerged from a deep economic recession. "Greece has done a lot already," Samaras said during an economic conference. The finance ministry...

  • ATHENS, Dec 2- Greek opposition leader Alexis Tsipras promised on Tuesday that if elected, he would swiftly scrap the country's EU/IMF bailout without waiting for the outcome of talks with lenders. Greece could face early elections next year, depending on the outcome of a separate vote to elect a president. Tsipras reiterated his call for the European Union to...