GO
Loading...

Enter multiple symbols separated by commas

World Economy International Organizations

More

  • LONDON, June 30- The euro fell on Tuesday on month-end flows and as investors braced for the near certainty that Greece will default on a repayment to the International Monetary Fund later in the day, putting the country at risk of an exit from the euro zone. The currency had hit a four-week low of $1.0955 struck on Monday in reaction to concerns on the future of...

  • LONDON, June 30- European shares fell on Tuesday for a second straight session as a conflict between Greece and its lenders intensified, with Greece looking set to default on a major international loan. With Greece hours away from defaulting on a 1.6 billion euro loan from the International Monetary Fund, tens of thousands of Greeks rallied on Monday to back...

  • But Greek government sources said the leftist premier stood by his rejection of the creditors' conditions and Greece would default on a crucial repayment due to the International Monetary Fund on Tuesday, plunging it deeper into financial crisis. EU and Greek government sources said Jean-Claude Juncker had offered to convene an emergency meeting of euro...

  • TOKYO, June 30- The euro slipped on Tuesday as traders braced for the near certainty that Greece will default on a repayment to the International Monetary Fund later in the day, putting the country at risk of disruptive exit from the euro zone. The euro fell 0.4 percent to $1.1188, heading back to a four-week low of $1.0955 struck overnight in a knee-jerk reaction to...

  • ATHENS, June 30- European Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires on Tuesday, European Union and Greek government sources said. Under the offer, Prime Minister Alexis Tsipras would have to send written acceptance by Tuesday, in time for an emergency meeting of...

  • SINGAPORE, June 30- Gold retained gains from a two-day rally on Tuesday, boosted by safe-haven bids as Greece heads close to a debt default, raising questions over its future in the euro zone and rattling global equities. *Greece is just hours away from defaulting on a 1.6 billion euro loan from the International Monetary Fund. The Athens stock exchange was closed...

  • In? Out? In between? A Greek legal riddle for EU Monday, 29 Jun 2015 | 6:59 PM ET

    *EU in legal quandary over Greece in the euro zone. Greece's Finance Minister Yanis Varoufakis has said Greece had no intention of quitting and cannot be forced out. The government in Greece, where a majority of people say they want to retain the euro currency and their 35- year-old membership of the European Union, correctly points out that neither the treaty...

  • WASHINGTON, June 29- As French Finance Minister in 2010, Christine Lagarde opposed the involvement of the International Monetary Fund in Greece. That the IMF lent to Greece at the behest of Europe, which has nominated every IMF Managing Director since the inception of the Fund in 1946, may expose the institution to greater scrutiny, especially as it has $24...

  • *Greece will not pay IMF on Tuesday: Govt official. *Euro STOXX 50 index- biggest one-day fall since 2011. And Greece appeared to confirm it was heading for a default after a government official said the country would not pay a 1.6 billon euro loan installment due to the International Monetary Fund on Tuesday.

  • *Yen gains after Greece fails to reach deal, sets vote. A Greek official said Greece will miss a $1.77 billion debt repayment to the International Monetary Fund due on Tuesday, after the country's European partners shut the door on extending a credit lifeline. Greece Prime Minister Alexis Tsipras announced bank holidays and other capital controls to keep banks...

  • *Greece will not pay IMF on Tuesday: Govt official. *Euro STOXX 50 index- biggest one-day fall since 2011. Greece appeared to confirm it was heading for a default after a government official said the country would not pay a 1.6 billon euro loan installment due to the International Monetary Fund on Tuesday.

  • ATHENS, June 29- Thousands of Greeks rallied on Monday behind a' No' vote in a referendum called for July 5 on the terms of an aid deal offered by Greece's international creditors, a result that risks pushing Athens out of Europe's currency union. With Greece set to default on a 1.6- million-euro loan repayment to the International Monetary Fund on Tuesday, at least...

  • FORMER IMF ECONOMIST KRUEGER SAYS PUERTO RICO HAS HIGH DEBT, UNSUSTAINABLE FISCAL POSITION, DECLINING POPULATION AND NO ECONOMIC GROWTH AND THIS "NEEDS TO BE ADDRESS AS A PACKAGE".

  • *Any promise from China of symbolic importance. BRUSSELS, June 29- China seeks a fair, global system to tackle climate change and will deliver its pledge to the United Nations by the end of Tuesday on how much it will cut emissions, Chinese Premier Li Keqiang said after talks with top European Union officials. Once China, the world's biggest emitter, has submitted its...

  • FORMER IMF ECONOMIST KRUEGER SAYS RE PUERTO RICO: "THE SITUATION IS DIRE, AND I MEAN REALLY DIRE".

  • FORMER IMF ECONOMIST KRUEGER SAYS AT PUERTO RICO MEETING THAT SOLVING PUERTO RICO'S PROBLEMS THROUGH FISCAL EXPANSION "HAS NOT WORKED AND WILL NOT WORK".

  • PUERTO RICO'S GOVERNMENT BANK HEAD, GOVERNMENT OFFICIALS, START MEETING IN SAN JUAN TO PRESENT FORMER IMF ECONOMISTS' FISCAL REPORT TO ISLAND'S GOVERNMENT; GOVERNOR NOT PRESENT.

  • June 29- Bill Gross of Janus Capital Group Inc tweeted on Monday that reparations and austerity for Greece will be costly for the European Union. Reparations and austerity for Greece will cost the EU big-time, "he wrote. In a later tweet, Gross said: " Greece's $400- 500 billion in debt is significant, but so is Puerto Rico's $70 billion because it's owed to the private...

  • NEW YORK, June 29- U.S. stocks added to a global selloff on Monday as Greece veered toward a default on its debt, while the euro recovered from early sharp loss to turn higher against the dollar. Greece will not pay a 1.6 billon euro loan installment due the International Monetary Fund on Tuesday, a Greek government official told Reuters. Talks between Athens and its...

  • *Yen sharply higher after Greece fails to reach deal, sets vote. Greece looks virtually certain to miss a $1.77 billion debt repayment to the International Monetary Fund on Tuesday as the country's European partners shut the door on extending a credit lifeline. Greece Prime Minister Alexis Tsipras announced bank holidays and other capital controls to keep...