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  • ATHENS, Aug 31- The appointment of Greek bailout negotiator George Chouliarakis to be finance minister in a caretaker government may help assuage some fears that Greece's bailout programme could go off track while it prepares for elections. Greece is due to hold elections on Sept.20 after former prime minister Alexis Tsipras resigned in a bid to win popular...

  • LISBON, Portugal— Economic news is continuing to give heart to Portugal's center-right government as it aims for re-election in October. The government is telling voters the country is back on track after a 78 billion euro bailout in 2011 brought three years of recession amid deep spending cuts. The National Statistics Institute reported Monday that the...

  • ATHENS, Aug 29- Former Greek premier Alexis Tsipras urged supporters on Saturday to give him a mandate to complete the country's political transformation, as a poll showed his leftist Syriza party's lead slipping ahead of elections next month. Tsipras abruptly resigned last week, days after clinching an 86 billion euro bailout package from Greece's euro zone...

  • Greek election could result in new, big coalition govt Saturday, 29 Aug 2015 | 2:24 AM ET

    ATHENS, Greece— Greece's outgoing prime minister, Alexis Tsipras, is banking on his popularity to win a national election next month and strengthen his grip on power after purging his radical left Syriza party of dissenters. Tsipras called the election last week to rid his party of rebels who had refused to back the bailout deal he agreed upon with Greece's...

  • Business events scheduled for the coming month Friday, 28 Aug 2015 | 1:46 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Greek economic growth in second quarter revised up Friday, 28 Aug 2015 | 6:22 AM ET

    ATHENS, Greece— Greece's statistics agency says the country's economy grew slightly faster than earlier forecast in the second quarter of the year. The statistics agency said Friday the economy grew 0.9 percent compared to the first three months of the year, faster than 0.8 percent the previously estimated. The growth figures are good news for financially...

  • ATHENS, Greece— Greece's first female prime minister, a top judge, was sworn in Thursday to head a caretaker government ahead of early elections next month in the bailout-dependent country. Supreme Court head Vassiliki Thanou, 65, was appointed after radical left Prime Minister Alexis Tsipras resigned, seeking a stronger mandate to implement tough austerity...

  • LISBON, Portugal— Portugal's center-right government is citing a jump in tax revenue as evidence the economy is growing and proof that its crackdown on tax evasion is working. In July alone, tax revenue of just over 3 billion euros was the highest for that month since 2007 and was 11.7 percent up on July last year. After three years of recession that followed a 78...

  • ATHENS, Greece— The Greek government says it's still aiming for a Sept. 20 election date after the prime minister resigned because of a rebellion in his party over the terms of the country's new bailout deal. Government spokeswoman Olga Gerovassili told Greek state TV ERT on Sunday that "as things stand now, Sept. 20 is a feasible election date."

  • *China factory activity sinks to 6-1/ 2- year low. China's factory sector shrank at its fastest rate in almost 6-1/ 2- years in August, a private survey showed, pushing investors who fear China's sagging economy will translate into slower global economic growth to take refuge in gold and bonds. "Uncertainty about China growth is now the main swing factor in markets,"...

  • ATHENS, Aug 21- Rebels angered by Greece's international bailout walked out of the leftist Syriza party on Friday, formalising a widely-expected split after leader Alexis Tsipras resigned as prime minister to pave the way for early elections. Greece's president gave the conservative opposition a chance to form a new government, but the effort is almost...

  • *China factory activity sinks to 6-1/ 2- year low. China's vast factory sector shrank at its fastest rate in almost 6-1/ 2- years in August, a private survey showed, pushing investors who fear China's sagging economy will translate into slower global growth to take refuge in gold and bonds. "Uncertainty about China growth is now the main swing factor in markets," said...

  • HELSINKI/ VIENNA, Aug 21- European policymakers saw Greek Prime Minister Alexis Tsipras' resignation and election call as a gambit to consolidate support for Athens' new bailout, but the move unnerved some investors who worried on Friday that reforms could be delayed. Thomas Wieser, the head of the Euro Working Group which prepares decisions for meetings of euro...

  • VIENNA, Aug 21- A senior European Union official said on Friday that a snap election called by Greek Prime Minister Alexis Tsipras within hours of new EU bailout cash arriving in Athens would have no effect on the financial aid package. When asked whether the election would change the numbers of the bailout deal, Thomas Wieser, the head of the Euro Working Group...

  • *Greece repays ECB debt with new bailout money. ATHENS, Aug 20- Greek Prime Minister Alexis Tsipras will resign on Thursday to pave the way for early elections on Sept. 20, government officials said, hoping to quell a rebellion in his leftist Syriza party and seal support for a bailout programme. Tsipras's decision to return to the ballot box after seven bruising...

  • BERLIN/ ATHENS, Aug 19- Germany's parliament approved a third bailout for Greece on Wednesday after Finance Minister Wolfgang Schaeuble argued the country should get "a new start", while in Athens the government agonised over whether to call a snap election. The Bundestag's vote cleared one of the final obstacles to Greece getting funding so that it can make a 3.2...

  • ATHENS, Aug 18- Ratings agency Fitch upgraded its credit rating for Greece by one notch on Tuesday, saying the latest bailout deal the country struck with its foreign lenders reduced the chance of default. Greece and its European and IMF lenders reached an 85 billion euro bailout agreement last week after nailing down the terms of new loans needed to save the...

  • But bond investors were relieved that consumer prices in Britain ticked up 0.1 percent in July year-on-year after slipping back to zero in June. The concerns over the weakening inflation outlook have ratcheted up expectations of further central bank stimulus in the euro zone, while they could also scupper plans for Britain and the United States to raise...

  • BERLIN, Aug 18- German lawmakers broke off their holidays on Tuesday to debate Greece's third bailout plan before approving it, though Chancellor Angela Merkel faces a rebellion in a vote shaping up as her last chance to keep Athens in the euro zone. Merkel and Finance Minister Wolfgang Schaeuble will make the case for backing the bailout plan in party meetings...

  • LONDON, Aug 17- Spanish, Italian and Portuguese bond yields fell on Monday, with lower-rated euro zone assets buoyed by a third bailout deal for Greece and a relatively stable Chinese yuan. Euro zone finance ministers agreed to lend Greece up to 86 billion euros after Greek lawmakers accepted their tough conditions despite a revolt by some members of the party of...