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  • BERLIN— Germany's finance minister is cautioning Greek politicians against promising things they can't deliver in upcoming elections and making clear that he opposes a new debt writedown for Athens. Greece will hold elections Jan. 25, with polls pointing to a first-place finish for the anti-bailout Syriza party. Asked about that demand, German Finance...

  • BRUSSELS, Jan 16- Euro zone officials discussed on Thursday extending Greece's bailout program by up to six months more to allow time for talks with any new government in Athens on closing the current bailout and on what should replace it. Athens had hoped to replace it with an Enhanced Conditions Credit Line from the euro zone bailout fund that it would never...

  • ATHENS, Jan 14- Greece remains relatively unlikely to leave the euro zone, ratings agency Moody's said on Wednesday, despite the prospect of an anti-bailout leftist party winning a snap election on Jan. 25. It says it wants Greece to stay in the euro zone but also wants to scrap austerity measures that underpin its bailout program and to ask Europe to write off a big...

  • Greek PM Samaras vows tax cuts as leftists hold poll lead Saturday, 10 Jan 2015 | 10:46 AM ET

    At the helm of a coalition government since 2012, Samaras has pursued unpopular reforms as part of a 240 billion euro EU/IMF bailout to pull Greece back from almost crashing out of Europe at the height of the euro zone crisis. Opinion polls show radical leftist Syriza, which opposes Greece's international bailout programme, ahead of Samaras' centre-right New...

  • *To Potami battling for third place in Jan 25 vote. ATHENS, Jan 9- Journalist-turned-politician Stavros Theodorakis is shaping up as a possible kingmaker after Greece's general election. A fortnight before the Jan. 25 vote, To Potami lies third in most opinion polls, behind the anti-bailout Syriza and the ruling conservative New Democracy party, which has...

  • *Berlin believes Greek exit would set dangerous precedent. BERLIN/ LONDON, Jan 7- Germany's Angela Merkel played down the chances of a Greek exit from the euro zone on Wednesday, but made clear she expected Athens to stick to the terms of its international bailouts after this month's election. The chancellor addressed the issue for the first time since a German...

  • NEW YORK, Dec 29- Shares edged higher in major markets and Greek debt yields rallied on Monday after the parliament in Athens rejected the government's presidential candidate, while crude prices tumbled after a short-lived bounce. Greece's Syriza party wants to wipe out a big part of the country's debt and cancel the terms of a bailout from the European Union...

  • NEW YORK, Dec 29- Shares fell in Europe and Greek debt yields rose on Monday after the parliament in Athens rejected the government's presidential candidate, setting the stage for an election that anti-bailout party Syriza could win. Greece's Syriza party wants to wipe out a big part of the country's debt and cancel the terms of a bailout from the European Union...

  • LONDON, Dec 29- The euro held its ground on Monday in the face of renewed nerves over Greece prompted by a failed attempt to elect a new president, leaving the country facing an early national election which could derail its bailout programme. The national election could result in a government led by the leftist Syriza party, which wants to wipe out a big part of...

  • *Samaras announces snap poll for Jan. 25. ATHENS, Dec 29- Greek Prime Minister Antonis Samaras announced plans for an early general election next month after parliament rejected his candidate for president on Monday, throwing the country's international bailout into doubt. Opinion polls point to a victory by the radical leftist Syriza party, which wants to wipe...

  • ATHENS, Dec 29- Greek lawmakers failed to elect a new president in a final round of voting on Monday, leaving the country facing an early election that could derail the international bailout program it needs to keep paying its bills. Under Greek law, a parliamentary election must now be called, leaving financial markets and Greece's European Union partners...

  • ATHENS, Dec 29- Greek Prime Minister Antonis Samaras faces a vote in parliament on Monday that will decide whether the country goes to snap elections that could bring the leftwing Syriza party to power and derail an international bailout. In the most hotly contested vote for president since Greece joined the euro more than a decade ago, the result in the final...

  • MOSCOW, Dec 26- Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday, as authorities scaled up their bailout for the first bank to succumb to the recent rouble crisis. The economy is slowing sharply as Western sanctions over the Ukraine crisis deter foreign investment and spur capital flight,...

  • MOSCOW, Dec 26- Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday, as authorities scaled up the bailout of the first bank to succumb to the country's currency crisis. Russia's economy is slowing sharply as Western sanctions over the Ukraine crisis deter foreign investment and spur...

  • MOSCOW, Dec 26- Russian authorities significantly scaled up rescue funds for mid-sized lender Trust Bank on Friday, saying they would provide up to $2.4 billion in loans to bail out the first commercial banking victim of the country's currency crisis. Trust Bank, which hired actor Bruce Willis as the face of a major advertising campaign, fell victim to the...

  • Death of Morgan Stanley's Rosneft deal  Monday, 22 Dec 2014 | 1:08 PM ET

    CNBC's Kate Kelly discusses the details behind the death of the deal between Morgan Stanley and Rosneft.

  • *Trust is Russia's 15th biggest by retail accounts. *Finance Ministry plans to double deposit insurance. MOSCOW, Dec 22- The Russian central bank on Monday announced the first bailout of the rouble crisis, providing up to $540 million to rescue Trust Bank and taking over supervision of the mid-sized lender.

  • MOSCOW, Dec 22- Russian mid-sized lender Trust Bank is to receive up to 30 billion roubles from the central bank to stop it going bankrupt in the first bailout of its kind during the current rouble crisis. The central bank said its Deposit Insurance Agency, responsible for managing crisis-hit lenders, would take over interim supervision of Trust Bank as of Monday.

  • MOSCOW, Dec 22- Russia's central bank said it would will provide a mid-sized bank to with up to 30 billion roubles to stop it going bankrupt, in the first bailout of its kind during the current rouble crisis. The central bank's Deposit Insurance Agency, responsible for managing crisis-hit lenders, would also take over supervision of Trust Bank as of Monday, it said...

  • ATHENS, Dec 21- Greek Prime Minister Antonis Samaras offered to bring pro-European independents into the government on Sunday and held out the prospect of new elections in late 2015 in exchange for backing by lawmakers to elect a new president. Speaking in an unscheduled television address on Sunday, he said Greece had a duty to finish negotiations with the...