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  • BRUSSELS, July 3- The euro zone's rescue fund, Greece's largest creditor, said on Friday it reserved the right to call in 130.9 billion euros in debt ahead of schedule after Athens defaulted this week on an International Monetary Fund loan. The board of the European Financial Stability Facility decided to reserve its rights to act at a later stage on the...

  • *Moves modest in dramatic week for Athens. LONDON, July 3- Euro zone yields edged lower on Friday in a cautious market as uncertainty surrounded the outcome and consequences of a referendum on Greece's bailout. It has been a tumultuous week for Athens which has closed its banks, introduced capital controls and became the first developed country to default on an...

  • LONDON, July 3- Euro zone business activity expanded at its fastest pace in four years last month as the European Central Bank's stimulus package more than offset fears Greece could crash out of the currency union, surveys showed. Speculation that Athens would miss a 1.6 billion-euro repayment to the International Monetary Fund on Tuesday heightened...

  • ATHENS, July 3- Supporters of Greece's bailout terms have taken a wafer-thin lead over the "No" vote backed by the leftist government, 48 hours before a referendum that may determine the country's future in the euro zone, a poll showed. With banks shuttered all week, cash withdrawals rationed and commerce seizing up, the vote could decide whether Greece gets another...

  • *Gold firms as dollar dips after U.S. nonfarm payrolls. SINGAPORE, July 3- Gold was steady above a 3-1/ 2 month low on Friday, as sluggish U.S. jobs data tempered expectations for a September rate hike by the Federal Reserve and hurt the dollar. Spot gold was steady at $1,166.60 an ounce by 0331 GMT.

  • WASHINGTON, July 2- The International Monetary Fund warned on Thursday that Greece would need an extension of its European Union loans and a potentially a large debt writeoff if it grows more slowly than expected and economic reforms are not implemented. The Washington- based institution, which is part of a "troika" that includes the European Commission and...

  • MADRID— Prime Minister Mariano Rajoy has revised Spain's economic growth forecast upward for this year and next and said the improved circumstances allowed him bring forward a tax reduction plan. Rajoy said Thursday he could now bring forward by six months an income tax reduction plan he estimated will put 1.5 billion euros back into people's pockets.

  • Alexis Tsipras told private Antenna TV station in an interview Thursday that he wants Greece to remain within the eurozone, but with a sustainable bailout agreement. He said a "yes" win would lead to a deal that puts additional burdens on Greece without growth. Greece's government says the International Monetary Fund's report on Greece "completely justifies"...

  • Here's how things look now: The left-wing party, Syriza, holds power in Athens. Greece actually did miss a loan payment to the International Monetary Fund late Tuesday. Part of the calm reflects hope that Greece ultimately will reach a deal with its creditors and that Greeks will vote Sunday to accept their demands and keep the euro. Improving economic conditions...

  • ATHENS, Greece— The battle for Greek votes entered full swing Thursday ahead of a crucial weekend referendum that could decide whether the country falls out of the euro. Greece's rescue lenders have halted negotiations on a new financial aid program until after the vote on whether to accept reforms the creditors proposed last week in exchange for bailout...

  • BRUSSELS, July 1- Euro zone finance ministers told Prime Minister Alexis Tsipras on Wednesday that they would review his request for a new bailout loan in the light of how Greeks vote on Sunday in the referendum he has called on credit terms. "We will come back to your request for financial stability support from the ESM only after, and on the basis of the outcome of,...

  • WRAPUP 4-Greece's Tsipras digs in against bailout Wednesday, 1 Jul 2015 | 12:33 PM ET

    *Scepticism in euro zone about lending more to Greece. ATHENS/ BRUSSELS, July 1- A defiant Prime Minister Alexis Tsipras urged Greeks on Wednesday to reject an international bailout deal, wrecking any prospect of repairing broken relations with EU partners before a referendum on Sunday that may decide Greece's future in Europe. European Council President...

  • *Greece says ready to accept most creditor conditions. Metals joined euro zone stocks and peripheral bonds in climbing after Greece said it was ready to accept a bailout offer from its international creditors if some conditions were changed. "There's a recognition that even in the worst scenario, if Greece leaves the euro zone, it's not necessarily going to have...

  • *Skepticism in euro zone about lending more to Greece. ATHENS/ BRUSSELS, July 1- Prime Minister Alexis Tsipras has told international creditors Greece could accept their bailout offer if some conditions were changed, but Germany said it could not negotiate while Greece was headed for a referendum on the aid-for-reforms deal. With queues forming at many cash...

  • Greece accounts for less than half a percent of German exports. FRANKFURT, July 1- German industry is beginning to call for Greece to quit the euro zone, having already pared back what business it had there, and now fearing that a continuation of the crisis could spoil a nascent recovery in the rest of Europe. The glimmer of a divergent view by a group that generally...

  • *Greece on Tuesday defaulted on a 1.6 billion euro repayment to the International Monetary Fund. *Euro zone finance ministers will hold a conference call at 11:30 a.m. ET on Wednesday to discuss Greece. *The Institute for Supply Management will release its June manufacturing data at 10:00 a.m. ET.

  • *Scepticism in euro zone about lending more to Greece. ATHENS/ BRUSSELS, July 1- Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept their last bailout offer if some conditions were changed, but Germany expressed scepticism while saying the door was still open for negotiations. German Chancellor Angela...

  • *Declines comment on investment opportunities in Greece. DUBLIN, July 1- The European Union should be able to contain the fallout if Greece were to leave the euro zone following a weekend referendum on a bailout program, the head of private equity fund Blackstone said on Wednesday. Greece has appealed to its euro zone partners and the European Central Bank to keep...

  • *OPEC, U.S. output rises to multi-year highs. LONDON, July 1- Oil fell below $63 a barrel on Wednesday after Greece defaulted on its debt to the International Monetary Fund while U.S. and OPEC production hit new highs, prompting concern about risks to the economic outlook and ample supply. "The oil market is being literally flooded with OPEC crude oil at present," said...

  • July 1- Asia's largest economies showed hints of healing last month but euro zone factory growth remained tepid as Greek debt talks, and the country's possible departure from the bloc, dominated debate in Europe. Speculation Athens would fail to make June 30' s 1.6 billion euro repayment to the International Monetary Fund, heightening expectations Greece...