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  • Tsipras' high-stakes standoff with lenders— the European Union and the International Monetary Fund— resulted in Greece defaulting on its debts this past week and shutting down banks to avoid their collapse, and lose access to billions of euros after an existing bailout deal expired. Aris Spiliotopoulos, a 22- year-old who is launching his own tourism start-up,...

  • 'Take the bailout', Greek voters say—just barely Saturday, 4 Jul 2015 | 4:36 PM ET
    A rally in support of a "NO" vote in Athens, Greece, July 3, 2015.

    Greek voters are torn on taking the bailout, with the 'yes' camp only marginally outweighing the 'no' voters, a poll showed.

  • Greeks mull consequences of crucial bailout referendum Saturday, 4 Jul 2015 | 12:02 AM ET

    ATHENS, Greece— Campaigns halt in Greece on Saturday on the eve of a closely watched bailout referendum— with voters in a dead heat over whether to defy creditors and push for better repayment terms or essentially seek new political leadership to find a compromise. Rival rallies took place a half-mile apart in central Athens late Friday, and Tsipras made his...

  • *Publication highlighted dispute between Brussels and Washington. BRUSSELS, July 3- Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday. The document released in...

  • The decision came two days before Greeks were set to vote in a referendum on whether to accept bailout terms rejected by their leftist government, with a' No' vote likely to put Greece on a path to leaving the euro zone. The European Financial Stability Facility said Tuesday's failure to pay the International Monetary Fund "results in an event of default by Greece,...

  • *Euro STOXX 50 set for biggest weekly drop since Dec. The euro zone Euro STOXX 50 index was on track for its worst week since December. Peter Oppenheimer, chief global strategist at Goldman Sachs, said a worst-case scenario in case the Greeks voted "No" to the bailout programme could see the Euro STOXX fall to 3,150 points.

  • Correction: Greece-Bailout story Friday, 3 Jul 2015 | 9:00 AM ET

    ATHENS, Greece— In a story July 2 about the Greek referendum, The Associated Press reported erroneously that the International Monetary Fund had said Greece would need debt relief worth 50 billion euros. The IMF said Greece needs new financing worth 50 billion euros as well as debt relief. ATHENS, Greece— Costas Christoforidis hasn't decided how to vote in...

  • 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...