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Economic Regions PIIGS

  • MILAN, May 23- Monte dei Paschi di Siena is close to reaching an agreement with the European Commission that will pave the way for a state bailout of Italy's fourth biggest bank, a senior Italian treasury official said on Tuesday. Together with two Veneto- based lenders, the Tuscan bank has been locked in talks for months with European regulators that must approve...

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • *Euro zone not ready to disburse new loans to Greece. BRUSSELS, May 22- Euro zone finance ministers failed to agree on debt relief for Greece with the International Monetary Fund on Monday and did not release new loans to Athens, but came close enough in talks to aim for both deals at their next meeting in three weeks. Greece needs new cash from the euro zone to avoid a...

  • *Euro zone may agree to new loans for Greece after reforms passed. BRUSSELS, May 22- Euro zone finance ministers may agree on Monday to release new loans to Greece but are likely to struggle to convince the International Monetary Fund to join the bailout by keeping the prospect of debt relief for Athens highly conditional. Greece needs new cash from the euro zone to...

  • Without the deal, no new loans can be disbursed to Athens, even though the bailout is now handled only by euro zone governments, and Greece needs new credit to repay some 7.3 billion euros worth of maturing loans in July. Without the loans, Athens is likely to default- a bad start for a country that wants to return to market financing next year when its latest bailout,...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • *The Veneto banks expect to book fresh loan writedowns. MILAN, May 17- Italian regional lenders Popolare di Vicenza and Veneto Banca may need to raise capital privately to cover loan losses to win European Union approval for a state bailout they have requested, six sources familiar with the matter said on Wednesday. But having failed to raise funds on the market...

  • ATHENS, May 17- Greek Prime Minister Alexis Tsipras said on Wednesday he was optimistic of a positive outcome when euro zone finance ministers meet in Brussels on Monday to discuss the progress of Greece's bailout and the disbursement of new loans. Athens needs the funds to repay 7.5 billion euros of debt maturing in July. Tsipras has urged Greece's...

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar", in Brussels, Belgium 1245 GMT. **FRANKFURT- European Central Bank Executive Board Member Benoit...

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar," in Brussels, Belgium 1245 GMT. **FRANKFURT- European Central Bank Executive Board Member Benoit...

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar", in Brussels, Belgium 1245 GMT. BRUSSELS- EU foreign affairs council meeting.

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar," in Brussels, Belgium 1245 GMT. BRUSSELS- EU foreign affairs council meeting.

  • *IMF: Europe must be clearer over debt relief for Greece. BARI, Italy, May 12- Finance chiefs from many of the world's leading rich nations pressed the United States on Friday not to break a decades-long global consensus in areas such as trade and financial regulation criticised by U.S. "We need a strong United States to lead the global economy and global politics in a...

  • BARI, Italy, May 12- The International Monetary Fund and euro zone government lenders need more time to reach an agreement on debt relief for Greece because the euro zone is still not sufficiently clear in its intentions, IMF chief Christine Lagarde said on Friday. Top euro zone officials and Lagarde met on Friday on the sidelines of a G7 finance ministers meeting...

  • *IMF says Europe must be clearer over debt relief for Greece. BARI, Italy, May 12- Finance chiefs from some of the world's richest nations began a two-day meeting in Italy on Friday, with Europe, Japan and Canada hoping to come away with a clearer picture of U.S. "We need a strong United States to lead the global economy and global politics in a sustainable way," said German...

  • **DUBLIN, Ireland- Federal Reserve Bank of Chicago President Charles Evans speaks on the economy in a moderated discussion before the 56th ACI Financial Markets Association World Conference 1300 GMT. STOCKHOLM- Swedish central bank holds a conference on Future of Forward Guidance. FRANKFURT, Germany- European Central Bank Executive Board Member Vitor...