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  • 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...

  • Oil prices steady, all eyes on Greece Thursday, 25 Jun 2015 | 10:03 PM ET

    Brent crude for August delivery was up 20 cents at $63.40 a barrel by 0200 GMT, after ending the previous session down 29 cents, or 0.5 percent. Euro zone finance ministers are due to meet on Saturday in a last ditch attempt to clinch a debt deal with Greece to avoid a $1.6 billion default by Athens to the International Monetary Fund next Tuesday and a Greek exit from...

  • *Euro zone finmins end 3rd meeting without agreement on Greece. A failure on Thursday to clinch a deal between Athens and its three creditor institutions- International Monetary fund, European Central Bank and European Union- set up a last-ditch effort to reach agreement on Saturday in order to avoid a default next week. That's kind of holding markets back, "said...

  • In Greece, talk of dark agenda behind debt deadlock Thursday, 25 Jun 2015 | 11:35 AM ET

    *Speculation of conspiracy against Greece moves into mainstream. ATHENS, June 25- Warnings of dark forces bent on pushing Greece out of the euro and its leftist government out of power have increasingly moved from the fringes towards the mainstream, as talks in Brussels to secure vital bailout funds enter their final phase. "It is now clear that a strong European...

  • BRUSSELS/ ATHENS, June 25- Greece's international creditors gave Athens an ultimatum to come up with a credible reform plan on Thursday warning they would otherwise put their own proposals to euro zone finance ministers for approval, a euro zone official said. The dramatic move came hours before European Union leaders meet in Brussels for a summit on migration,...

  • Asian stocks fall on Greek standoff, China margin curbs Thursday, 25 Jun 2015 | 4:04 AM ET

    NEW YORK— Stocks edged lower Thursday as talks over keeping Greece solvent stalled and got extended into the weekend. But that momentum was soon lost and Greece worries turned the market lower in the early afternoon. The bitter standoff between Greece and its international creditors was extended into the weekend, days before Athens has to meet a crucial debt...

  • *Street protests in Athens against more austerity. BRUSSELS, June 24- Negotiations to avert a Greek debt default stumbled on Wednesday and euro zone finance ministers accused Athens of refusing to compromise despite a deadline next week that could put it on a path out of the euro zone. Greece has to repay 1.6 billion euros to the International Monetary Fund next...

  • Meet the protagonists in the Greek bailout drama Wednesday, 24 Jun 2015 | 11:42 AM ET

    BRUSSELS— Even if the policy talk can be deadening, the main protagonists in the Greek bailout drama have brought their big, sometimes oversized, personalities to the negotiating table. Alexis Tsipras, Greek prime minister. With a soft spot for revolutionary legend Che Guevara, the 40- year-old is fighting to keep his country solvent and in the euro.

  • Tsipras will meet the heads of the European Central Bank, the International Monetary Fund and the European Commission in Brussels before a meeting of euro zone finance ministers at 1300 p.m. ET. "Tensions seem elevated between Greece and its creditors," said Adam Sarhan, chief executive of Sarhan Capital in New York. "There are worries that if Greece defaults, how...

  • Spain says economy growing at fastest rate since 2008 Wednesday, 24 Jun 2015 | 7:34 AM ET

    MADRID— Spanish Economy Minister Luis de Guindos says the economy is growing at the strongest rate since the economic crisis began in 2008.. Spain was hit hard by the global financial crisis and only emerged from a double-dip recession at the end of 2013. The economy is now among the fastest-growing in Europe. The ruling Popular Party hopes the rebound will stem...