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  • *Markets giving Greece benefit of the doubt for now. The euro rose as much as 0.9 percent to trade at $1.13455, lifting it further from an 11- year trough of $1.1098 reached on Monday, when it became clear that Greece had voted in a new anti-bailout government. Investors are hopeful that the left-wing Syriza party leader, Alexis Tsipras, is willing to negotiate,...

  • PRECIOUS-Gold slips for 3rd day on stronger equities Monday, 26 Jan 2015 | 8:11 PM ET

    SINGAPORE, Jan 27- Gold fell for a third session in a row on Tuesday, hurt by a stronger dollar and equities, as well as profit-taking after recent sharp gains to a five-month high. *Bullion had gained initially on Monday as Greek leftist leader Alexis Tsipras was set to become prime minister of the first euro zone government openly opposed to bailout conditions...

  • NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses sustained during two days of dramatic selling, with the final push down to a fresh 11- year low coming after elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.

  • FOREX-Euro ricochets off lows following Greek vote Monday, 26 Jan 2015 | 11:57 AM ET

    NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses from two days of dramatic selling, with the final push down to a fresh 11- year low coming after the results of elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.

  • The election result in Greece reflects a growing European backlash against austerity policies. Across the continent, support is growing for parties and groups outside the mainstream like Syriza, which triumphed in Greece on Sunday after pledging to renegotiate the country's huge bailout agreements. The Northern League party has seen its poll numbers rise...

  • *Tsipras sworn in as PM of Greece. *Historic victory sets new challenge for Europe. Tsipras' success is also likely to empower Europe's fringe parties, including other anti-austerity movements across the region's economically-depressed south.

  • Greece on collison course with EU?  Monday, 26 Jan 2015 | 8:35 AM ET

    CNBC's Michelle Caruso-Cabrera reports on Greece's anti-austerity party's general election win and the possible bailout battle ahead.

  • Wilbur Ross: Good signs from Greece  Monday, 26 Jan 2015 | 8:33 AM ET

    Wilbur Ross, WL Ross & Company chairman & CEO, shares his thoughts on the outcome of the Greek elections and the future of Greece and the European Union.

  • *Greece must get bailout extension, discuss reforms with its lenders. BRUSSELS, Jan 26- Europe showed a willingness on Monday to give Athens more time to pay its debts, but little sign that it would yield to a new Greek government's demands for debt forgiveness. Before any talks on more time for Greece to repay its debts can start, Athens must get an extension of its...

  • *Historic victory sets new challenge for Europe. ATHENS, Jan 26- Greek left-wing leader Alexis Tsipras on Monday agreed to team up with a right-wing party to form a new hardline, anti-bailout government determined to face down international lenders and end nearly five years of tough economic measures. The trouncing of conservative Prime Minister Antonis...

  • Greek economy deteriorating  Monday, 26 Jan 2015 | 6:14 AM ET

    Mujtaba Rahman, Eurasia Group, says the Greek government is essentially bankrupt and the newly-elected Syriza party needs to come to terms with the situation quickly.

  • EU open to Greek debt extension, not forgiveness Monday, 26 Jan 2015 | 5:46 AM ET

    BRUSSELS, Jan 26- Europe showed a willingness on Monday to give Athens more time to pay back its debts, but little sign that it would yield to a new Greek government's demands of debt forgiveness. European Union leaders and policymakers responded to Greek anti-bailout party Syriza's election victory on Sunday with warnings that a debt restructuring for Greece...

  • *Historic victory sets new challenge for Europe. ATHENS, Jan 26- Greek leftwing leader Alexis Tsipras struck a deal with a right-wing party to form a government to confront international lenders and reverse years of painful austerity following a crushing election victory by his Syriza party. There is an agreement in principle, " Panos Kammenos said after talks...

  • SINGAPORE, Jan 26- Gold climbed towards a five-month high on Monday as an electoral win by Greece's anti-austerity party sparked fears of renewed instability in Europe, triggering safe-haven demand for bullion. *Greek leftist leader Alexis Tsipras was set to become prime minister of the first euro zone government openly opposed to bailout conditions...

  • BERLIN, Jan 25- Bundesbank President Jens Weidmann said Greece, where an anti-bailout party looks set to win a snap election, would continue to need aid and would only get this by sticking to agreements, adding he hoped the new government would not make promises the country could not afford. Asked about the possibility of a third haircut- or debt restructuring- for...

  • ATHENS, Greece— Greece voted Sunday in an early general election that could alter the course of the country's battle against crippling debts, with a radical left party favored to win by promising to rewrite the terms of its international bailout. The Syriza party led by Alexis Tsipras has remained firmly ahead of conservative Prime Minister Antonis Samaras'...

  • DAVOS, Switzerland— Ukraine will focus on fixing its huge problem of corruption as it tries to convince its international rescue creditors to give it more loans, a government official said Saturday. The economy and public finances of Ukraine have been drained by uncertainty over the country's future amid a war in its eastern region. The country got bailout...

  • DAVOS, Switzerland— Germany has not modelled a potential Greek exit— the so-called "Grexit"— from the 19- nation eurozone, Germany's finance minister insisted Friday, two days ahead of a Greek election that may bring an anti-bailout party to power in Athens. While praising Greece's better-than-expected efforts to get its economy in order, Schaeuble warned that...

  • BRUSSELS, Jan 23- Greece will have to ask for a new extension to its euro zone bailout programme before 1.8 billion euros in pending aid can be paid, a senior euro zone official said on Friday, stressing that a new government must first be in place to do so. Although the International Monetary Fund will continue to back Athens, the country needs to be under an European...

  • ATHENS, Greece— The winds of political change are coursing through austerity-weary Greece, but a financial whirlwind may lurk round the corner. Opinion polls ahead of Sunday's closely-watched national election agree: The radical left opposition Syriza party, which has vowed to rewrite the terms of Greece's international bailout, is poised to defeat Prime...