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  • BRUSSELS/ BERLIN, April 23- German Chancellor Angela Merkel was expected to press Greek Prime Minister Alexis Tsipras on Thursday to move faster to agree detailed economic reforms crucial to unlock international bailout funds before Athens runs out of cash. The conservative German leader was due to meet the leftist Greek premier just before an emergency...

  • Spain's jobless rate edges up ahead of elections Thursday, 23 Apr 2015 | 5:35 AM ET

    MADRID— Spain's unemployment rate edged up slightly to 23.8 percent in the first quarter despite a welcome drop in the number of people out of work. The increase reported by the National Statistics Institute is a blow for the conservative government as it prepares for municipal and regional elections next month and general elections by the end of the year.

  • Germany: 'Very limited expectations' of Greece deal Friday Wednesday, 22 Apr 2015 | 11:13 AM ET

    ATHENS, Greece— Chances are low that a meeting of eurozone finance ministers on Friday will produce a deal that might unblock urgently needed bailout funds for Greece, Germany said Wednesday. In return for a four-month extension of the bailout that has kept Greece afloat since 2010, Athens had pledged in February to produce a comprehensive package of reforms...

  • LONDON, April 22- Greek debt markets are close to fully pricing in another default and fears that Athens might leave the euro zone have reached new heights, but there is no obvious sign that investors expect a spillover to the rest of the region. The head of Eurogroup finance ministers, Jeroen Dijsselbloem, the International Monetary Fund's European head, Poul...

  • But Reuters polls of more than 250 economists across Europe and North America show only modest upgrades to growth forecasts and a reluctance to relinquish a depressed inflation view, despite the rush of rate cuts and central bank cash that most respondents believe is far from over. Germany's DAX index has rallied more than 20 percent since the start of the year...

  • Euro slips against dollar on Greece default worries. NEW YORK, April 20- Equity markets snapped back on Monday after China took steps to stimulate its economy, while the euro weakened amid worries about Greece and oil rose on Middle East tension. The dollar rose as the euro slid against the greenback amid gathering concerns Greece could default on its debt or...

  • Struggling Greece puts state funds in loan basket Monday, 20 Apr 2015 | 7:39 AM ET

    ATHENS, Greece— Greece's cash-strapped government has ordered reserves from state agencies to be placed in a basket account to help the country meet obligations, officials said Monday as bond market traders fretted over the risk of default. Greece's lenders from the 19- country eurozone and International Monetary Fund are demanding reforms that include...

  • *China move boost Aussie, euro down on Greece worries. LONDON, April 20- Global stock markets had a mixed start to the week on Monday and core bond yields fell as investors juggled Chinese steps to stimulate its slowing economy and a proposed telecoms deal in Europe with growing worries Greece may default. This, in turn, contributed to an early rise in European shares,...

  • LONDON, April 20- German 10- year borrowing costs resumed a descent towards zero on Monday, with worries about Greece falling out of the euro zone increasing demand for top-rated assets even as the ECB's bond-buying programme quashes yields. Athens has been stuck in negotiations with its euro zone partners and the International Monetary Fund over economic...

  • *Aussie& kiwi outperform after latest stimulus by China. SINGAPORE/ SYDNEY, April 20- The Australian dollar rose on Monday after China boosted banks' lending power to support an economy that is Australia's largest export market, while the euro was weighed down by concerns over Greece's struggle to agree terms with creditors. China is the biggest export market for...

  • *China shares rise after Beijing cuts banks' reserve requirements. TOKYO, April 20- Stock markets in China and Japan rose on Monday after Beijing's latest stimulus to shore up the world's second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. "There's no need for markets to worry too much because of the weakness in global...

  • *China cuts banks' reserve requirements. TOKYO, April 20- Asian shares dipped in early trading on Monday after a weak performance on Wall Street, though China's latest stimulus to shore up the world's second-largest economy was likely to underpin sentiment. Fed is now being augmented by money from China as the capital account is liberalized, "said Sean Darby,...

  • PARIS, April 19- Greek banks may soon run out of collateral to access European Central Bank refinancing unless Athens reaches an agreement with the European Union and International Monetary Fund on economic reforms, France's central bank chief said. The remarks by Banque de France Governor Christian Noyer, to be published by Le Figaro on Monday, came as Athens...

  • REUTERS BUSINESS SCHEDULE AT 2000 GMT / 4:00 p.m. ET Sunday, 19 Apr 2015 | 4:50 PM ET

    ATHENS- Euro zone deputy finance ministers will meet midweek ahead of a Eurogroup finance ministers' gathering two days later, a Greek government official tells Reuters, as Athens and its creditors continue to seek a deal on reforms to unlock aid. BOJ's Kuroda says Japan inflation to' gradually accelerate' toward target. WAYZATA, Minn.- Bank of Japan Governor...

  • LONDON, April 19- The threat posed by Greece beyond its borders may have diminished but efforts to agree an economic reform programme to free up bailout funds and avert default will capture world attention this week. Euro zone finance ministers meet in the Latvian capital Riga on Friday with both sides saying time is running short to keep Greece afloat.

  • WASHINGTON— The world's financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European officials worrying that Greece will default on its debt. The head of the European Central Bank, Mario Draghi, said it was "urgent" to resolve the current dispute between Greece and its creditors. But French Finance...

  • *Britain's Osborne says Greece casts gloom over meetings. *Turkey's Babacan says Greece is issue for bilateral talks. Greece was not mentioned by name in the communique and Turkish Deputy Prime Minister Ali Babacan, speaking on behalf of the G20, said the issue of Greece did not feature in the formal discussions.

  • *Britain's Osborne says Greece casts gloom over finance meetings. WASHINGTON, April 17- The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday even as officials fretted that Athen's inability to strike a deal with its lenders could upset Europe's tentative recovery. While Greece was not mentioned by name in the...

  • MADRID— Tax agents spent a second day Friday searching the office of former International Monetary Fund chief Rodrigo Rato after he was briefly detained as part of a probe into alleged fraud and money laundering. Rato was Spain's economy minister and a deputy prime minister under conservative ex-Prime Minister Jose Maria Aznar between 1996 and 2004. He...

  • WASHINGTON, April 16- Greece on Thursday sounded a mix of defiance and willingness to compromise with its international creditors on reforms required to unlock more loans, as it faces running out of money ahead of debt repayments next month. Its official creditors- the euro zone and the IMF- have frozen bailout aid until the new leftist-led government in Athens...