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  • Greece, creditors look to revive bailout review Monday, 24 Nov 2014 | 5:39 AM ET

    Greece disagrees with its debt inspectors— the International Monetary Fund, European Commission and European Central Bank, known as the troika— on the economic outlook and whether more reforms are needed. Greece insists that, contrary to what the troika believes, it will have no financing gap next year. Hammered by a financial crisis caused by years of...

  • *Athens wants to conclude review so it can exit bailout. ATHENS, Nov 24- Greece's government will resume stalled talks with EU/IMF lenders in Paris on Tuesday, as Athens pushes to conclude a crucial review by inspectors so it can make an early exit to an unpopular bailout programme. But talks floundered over a projected budget gap for next year and EU/IMF...

  • ATHENS, Nov 21- Greece's government on Friday pushed ahead with plans for a near-balanced budget next year, ignoring objections from its international lenders who say Athens is set to miss its deficit forecast. The government and the European Union and International Monetary Fund have been at loggerheads over the projected 2015 deficit, with the lenders...

  • BRUSSELS, Nov 21- Europe's proposed free trade agreement with the United States would collapse if European leaders bowed to pressure to remove investment protection from any deal, the chairman of EU trade ministers said on Friday. The United States and the European Union are trying to seal a free trade deal which could bring economic gains of around $100...

  • Greek budget forecasts strong growth next year Friday, 21 Nov 2014 | 6:48 AM ET

    ATHENS, Greece— Greece's government on Friday submitted its 2015 budget to Parliament, sticking with high-growth and low-deficit predictions that rescue lenders say are too rosy. The budget projects Greece's primary surplus— state income without taking into account interest payments on outstanding debt— will be 3 percent of gross domestic product.

  • Ireland cleared to pay IMF loans early after Swedish vote Wednesday, 19 Nov 2014 | 10:41 AM ET

    STOCKHOLM, Nov 19- The Swedish parliament on Wednesday said Ireland may pay back part of its bailout loans early to the International Monetary Fund, giving the final EU approval needed for Dublin to begin repayment. Ireland won agreement from Europe to pay the IMF before it repays aid from the European bailout funds and just needed the new Swedish government to...

  • *Athens wants to exit bailout one year ahead of time. ATHENS, Nov 18- Greece is locked in tough negotiations with its foreign lenders, with "nerves stretched" on both sides, the finance minister warned on Tuesday, raising the temperature as Athens tries to exit an unpopular bailout programme. Inspectors from the European Union and the International Monetary Fund...

  • Battered, Greece faces years to recoup recession Saturday, 15 Nov 2014 | 6:58 AM ET

    Greece's recession— the economy shrank every year since 2008— was declared over on Friday. Hope is back, Greece is back. " Cardiologist George Vichas set up the Metropolitan Community Clinic three years ago to continue treating his patients who lost health insurance.

  • Italy's Renzi defies his own allies on Left Friday, 14 Nov 2014 | 6:03 AM ET

    ROME— Italy's dynamo premier works with his sleeves rolled up and often without a tie. And Matteo Renzi, on a mission to revive a moribund economy, is bringing his barnstorming style to a fight against cozy links between Italy's political Left and its influential labor unions. His challenge was made more urgent Friday with EU figures showing continued...

  • DIARY - Top economic Events to Nov 24 Monday, 10 Nov 2014 | 7:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of October monetary policy meeting- 0830 GMT. WELLINGTON- Reserve Bank of New Zealand releases Financial Stability Report, which assesses the soundness and efficiency of the New Zealand financial system- 2000 GMT. STOCKHOLM- Sweden Financial Stability Council meeting.

  • LONDON, Nov 9- After European Central Bank chief Mario Draghi got his colleagues to sign up to a target for pumping money into the ailing euro zone economy, a raft of GDP reports are likely to show just why more help may be needed. The currency bloc as a whole grew just 0.1 percent in the second quarter of the year and Germany contracted by 0.2 percent.

  • *Athens aims to exit euro zone bailout at end-2014. BRUSSELS, Nov 6- Euro zone finance ministers backed on Thursday a precautionary credit line for Greece after the country exits its bailout at the end of the year, in a bid to balance the need to reassure investors with the demands of domestic Greek politics. After two international bailouts totalling 240 billion...

  • BRUSSELS, Nov 6- Euro zone finance ministers will consider three options on Thursday for what happens after Greece exits its bailout at the end of the year, seeking to balance the need to reassure investors with the demands of domestic Greek politics. After two international bailouts totalling 240 billion euros since 2010, when private investors refused to...

  • *Greece spells out post-bailout hopes. ATHENS, Nov 5- Greece expects an interim period of up to a year of limited EU/IMF supervision when it quits its bailout programme at the end of the year, without the current "micro-management" by lenders, the finance minister told Reuters on Wednesday. The comments by Gikas Hardouvelis in his office overlooking Syntagma...

  • DIARY- Top Economic Events to Nov 14 Friday, 31 Oct 2014 | 8:01 PM ET

    NEW YORK- Dallas Federal Reserve Bank President Richard Fisher speaks on "Preparing to Normalize Monetary Policy" before a Shadow Open Market Committee meeting sponsored by the Manhattan Institute for Public Policy Research- 1740 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives welcome and opening remarks before the "...

  • DIARY - Top Economic Events to Nov 12 Wednesday, 29 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen gives welcome remarks before the "National Summit on Diversity in the Economics Profession" conference hosted by the Federal Reserve- 1300 GMT. WASHINGTON- Exploring New Approaches to Trade, Investment and Jobs Conference. Commerce Secretary Penny Pritzker, Canadian Trade Minister Ed Fast and Mexico Economy...

  • France to trim 2015 budget deficit further Monday, 27 Oct 2014 | 11:32 AM ET

    PARIS, Oct 27- The French government plans to cut its budget deficit by an additional 3.6- 3.7 billion euros next year, Finance Minister Michel Sapin said on Monday, adding that this should allow Paris to respect EU-deficit rules. Together the cost-savings and extra measures should allow France to reduce its structural deficit, which excludes the impact of...

  • *Italy, France want more spending room despite EU budget rules. With a recovery coming to a halt in the second quarter and depressed prices reflecting near record unemployment, France and Italy want to shift away from the spending cuts that marked the bloc's response to the 2009-2012 crisis. France and Italy are pushing for more spending room in their budgets in...

  • *Italy, France want more spending room despite EU budget rules. BRUSSELS, Oct 24- France and Italy renewed their commitment to reform their economies on Friday in the hope of winning more time to bring their public finances in order but the ECB's president warned more needed to be done to avoid "a relapse into recession". After the bloc's revival came to a halt in the...

  • *Italy, France want more spending room despite EU budget rules. BRUSSELS, Oct 24- France and Italy renewed their commitment to reform their economies on Friday in the hope of winning more time to bring their public finances in order but the ECB's president warned more needed to be done to avoid "a relapse into recession." After the bloc's revival came to a halt in the...