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  • US STOCKS-Wall St falls as Grexit fears grow Monday, 29 Jun 2015 | 10:51 AM ET

    *Nine of 10 S&P sectors in the red. June 29- Most U.S. stocks fell on Monday after Greek bailout talks collapsed, intensifying fears that the country could be the first to exit the euro zone. The European Central Bank froze funding to Greek banks, forcing Athens to shut banks for a week to keep them from collapsing.

  • US STOCKS-U.S. futures fall as Greek crisis worsens Monday, 29 Jun 2015 | 7:05 AM ET

    June 29- U.S. stock index futures fell around 1 percent on Monday as fears that Greece could be the first country to exit the euro zone intensified after bailout talks with lenders broke down over the weekend. *Greece faces defaulting on 1.6 billion euros of loans from the International Monetary Fund on Tuesday. *The impending default on IMF loans leaves Greece...

  • *Yen sharply higher after Greece fails to reach deal, sets vote. LONDON, June 29- The euro came off its lows on Monday as the Swiss National Bank said it intervened in the market to weaken the franc, with the single currency little changed on the day after initial steep losses on concerns that Greece was on the brink of default. Greece looks virtually certain to miss a...

  • ATHENS, Greece— The latest news on Greece's financial woes as it closes its banks and limits money withdrawals:. Osborne said several thousand Britons who live in Greece but receive British pensions would continue to get their payments. He said British tourists who go to Greece should take more euros than usual.

  • NEW YORK— Fears that Greece's troubles could spread through the global financial system shook markets on Monday, driving U.S. stocks to their worst day of the year. Greece's Prime Minister, Alexis Tsipras, said his government would hold a referendum on budget proposals made by the country's lenders. Jeff Carbone, a senior partner at Cornerstone Financial...

  • Tsipras defiant as banks shut, markets rocked Monday, 29 Jun 2015 | 1:21 AM ET

    ATHENS, Greece— Anxious pensioners swarmed closed bank branches Monday and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that could determine whether the country has to ditch the euro currency and return to the drachma. As strict capital controls took root...

  • SINGAPORE, June 29- Gold jumped 1 percent on Monday as investors sought safety in the metal after the Greece debt crisis took a turn for the worse over the weekend, with Athens looking more likely to default and exit the euro zone. *Bailout talks between the Greek leftwing government and foreign lenders broke down over the weekend and the European Central Bank...

  • Treasury spokesperson said Lew told Tsipras in a phone call that it was important for Athens to show a commitment to reforms and for all parties to discuss possible debt relief for Greece. After bailout talks between the Greek government and foreign lenders broke down over the weekend, the European Central Bank froze vital funding support to Greece's banks,...

  • ATHENS, June 28- Prime Minister Alexis Tsipras has easily clinched parliamentary approval of his desired July 5 referendum on Greece's creditors' latest bailout terms. Even if the offer remains valid, many in Greece say the question that the left-wing Tsipras is posing is not actually about the bailout terms- rather the more fateful issue of Greece's euro...

  • FACTBOX-Scenarios for Greece in the coming days Sunday, 28 Jun 2015 | 1:02 PM ET

    BRUSSELS, June 28- The breakdown of talks between Greece and its creditors on extending euro zone bailout funding beyond Tuesday means Athens may fail to make 1.6 billion euro debt repayment to the IMF that day. Long lines formed outside many ATMs on Sunday, including some of 40 to 50 people outside some in central Athens, while the German foreign ministry said...

  • ATHENS, June 28- Prime Minister Alexis Tsipras has easily clinched parliamentary approval of his desired July 5 referendum on Greece's creditors' latest bailout terms. Even if the offer remains valid, many in Greece say the question that the left-wing Tsipras is posing is not actually about the bailout terms- rather the more fateful issue of Greece's euro...

  • ATHENS, Greece— The latest developments on Greece's bailout negotiations:. A decree on banking controls has been published in the official Government Gazette stating banks will not open Monday and will stay shut through Monday, July 6. Greece could shorten or lengthen this period.

  • Athens asked for an extension of Greece's bailout programme beyond Tuesday, the day it must pay 1.6 billion euros to the International Monetary Fund or go bust. But the other 18 members of the euro zone unanimously rejected the request, freezing Greece out of further discussions with the European Central Bank and IMF on how to deal with the fallout from a...

  • Athens called the plebiscite on whether to accept those demands overnight, blindsiding EU states who had been meeting to hammer out a deal to save Greece from defaulting on a big debt payment on Tuesday, when the bailout expires, and possibly leaving the euro. But Varoufakis declined to say what would happen if Greece did not get the extension.

  • Greece's parliament has voted in favor of Prime Minister Alexis Tsipras' motion to hold a referendum on the country's creditor proposals for reforms in exchange for loans. It has raised the question of whether Greece can remain in Europe's joint currency, the euro. Speaking in parliament, Tsipras said the reforms proposed by Greece's creditor institutions—...

  • DIARY- Top Economic Events to July 9 Friday, 26 Jun 2015 | 8:01 PM ET

    VIENNA- ECB Governing Council member Ewald Nowotny to speak on "Investment Financing in Austria- Importance of investment offensive for Europe"- 0700 GMT. LONDON- Reserve Bank of Australia Governor Glenn Stevens speaks at an event hosted by Official Monetary and Financial Institutions Forum- 0840 GMT. VIENNA- ECB Governing Council member Ewald Nowotny to give a...

  • LONDON, June 26- Zero hour comes for Greece on Tuesday, when Athens will either repay 1.6 billion euros to the International Monetary Fund after securing a last-ditch deal with its creditors or plunge into default. Non-payment after months of failed talks on unlocking frozen aid could trigger a bank run and capital controls and set twice-bailed-out Greece on a...

  • DUBLIN, June 26- Greece's bailout battle with Germany is casting a long shadow in Ireland, dividing political and public opinion over whether Dublin should stand alongside Athens as a fellow bailout recipient or push to ensure the Greeks don't get an easy ride. When Noonan was reported to have been one of the harshest critics of Greece in talks this week, the...

  • Business events scheduled for the coming month Friday, 26 Jun 2015 | 6:27 AM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for June, 10 a.m.; Commerce Department releases construction spending for May, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases employment data for June, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage...

  • ATHENS, Greece— Greece's fraught bailout talks with its creditors took a dramatic turn early Saturday, with the radical left government announcing a referendum in just over a week on the latest proposed deal— and urging voters to reject it. The move radically raises the stakes in Greece's confrontation with its increasingly irate creditors, whom Tsipras...