After nearly going bankrupt and almost crashing out of the euro zone last year, Greece expects growth of 0.6 percent in 2014 and hopes to secure more leeway on its debts to the European Union and the International Monetary Fund.» Read More
WASHINGTON, July 8- The United States and the European Union, after nearly two years of preparation, start talks on Monday aimed at securing a free-trade agreement to squeeze new economic growth out of the world's largest trade and investment relationship.
ISLAMABAD, July 4- Pakistan asked for a new bailout loan from the International Monetary Fund on Thursday to boost its ailing economy, settling on an initial package of $5.3 billion following weeks of talks with a visiting IMF delegation.
SEOUL, July 4- South Korea along with other G20 members will seek clarity on the U.S. He added South Korea would also raise the issue because if the unwinding causes troubles to emerging economies, that will in turn affect the U.S. economy in what he called a "reverse spillover" process. South Korea and other Asian markets were recently hit by the prospects of the U.S.
*Greece has bonds to redeem in August. BRUSSELS/ ATHENS, July 2- Greece has three days to reassure Europe and the International Monetary Fund it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid, four euro zone officials said on Tuesday.
European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget.
Critics say the money is a drop in the ocean with more than 19 million people unemployed in the EU, and more than half of all young people under 25 without a job in Spain and Greece. "The last 24 hours have been a great success," European Commission President Jose Manuel Barroso told a news conference. "
BRUSSELS, June 27- The European Union agreed on Thursday to force investors and wealthy savers to share the costs of future bank failures, moving closer to drawing a line under years of taxpayer-funded bailouts that have prompted public outrage.
*France demands leeway, Germany wants strict rules. BRUSSELS, June 26- The European Union will try on Wednesday to heal a Franco-German split over sharing out the costs of future bank failures under a regime to avoid taxpayers having to fund yet more bailouts.
BRUSSELS, June 25- Leaders of the European Union will meet in Brussels on Thursday and Friday to discuss the state of Europe's economy and the growing problem of youth unemployment. Following are some facts and figures about joblessness among people aged under 25 in the European Union:. *In Greece and Spain, youth unemployment is over 50 percent.
The euro zone island nation was forced to shut one bank and seize deposits in a second to qualify for 10 billion euros in aid from the International Monetary Fund, European Central Bank and European Union in a bailout in March.
ST PETERSBURG, Russia, June 21- The International Monetary Fund hopes to reach a deal with Greece in July to extend fresh credit, after a time-out in talks for the government in Athens to review its economic strategy, First Deputy Managing Director David Lipton said.
The Conference Board will no longer provide economic reports in advance to news organizations, reports CNBC's Eamon Javers.
WASHINGTON, June 19- The United States, in first report on Russia's compliance with its World Trade Organization commitments, said on Wednesday it was closely watching Moscow for any violations that thwart U.S. exports to world's sixth-largest economy.
Japanese PM Abe said on Tuesday G-8 leaders expressed strong support for his "Abenomics" economic policies and heard no concerns about Japan's super easy monetary easing.
BELFAST, June 18- Japanese Prime Minster Shinzo Abe said on Tuesday G8 leaders expressed strong support for his "Abenomics" economic policies and heard no concerns about Japan's super easy monetary easing.
ENNISKILLEN, Northern Ireland, June 18- Following is the section of a communique agreed by the leaders of the G8 powers at a two-day summit on the global economy.
ENNISKILLEN, Northern Ireland, June 18- Following are the opening sections of a communique agreed by the leaders of the G8 powers at a two-day summit in Northern Ireland. To read the full text, click: https://www.gov.uk/government/uploads/system/uploads/attachmenttdata/file/207583/ L o u g h t E r n e t 2 0 1 3 t G 8 t L e a d e r s t C o m m u n i q u e t t 2 t. p d f.
DUBAI, June 17- Tunisia may spend over a billion dollars to recapitalise its state-owned banks as the government struggles to stabilise the economy after the 2011 revolution, Tunisian authorities have told the International Monetary Fund.
LONDON, June 16- Britain intercepted phone calls and monitored computers used by officials taking part in two high-level international finance meetings in London in 2009, a British newspaper said on Sunday. The report was published hours before leaders of the Group of Eight countries- all of which are in the G20- start a two-day summit in Northern Ireland.
WASHINGTON, June 14- The International Monetary Fund urged the United States on Friday to repeal sweeping government spending cuts and recommended that the Federal Reserve continue a bond-buying program through at least the end of the year.