Europe Top News and Analysis Greece

  • *OPEC report indicates head start on production cut pact. *Washington considers rolling back China import tariffs- WSJ. OPEC along with other producers including Russia agreed last year to output cuts effective Jan. 1 to avert a glut.

  • LONDON, Jan 17- Italy's short-dated government bond yields hit their lowest levels in half a year on Thursday, bolstered by this week's successful bond sale, while Greek bonds also shone after Prime Minister Alexis Tsipras survived a no confidence vote. Most notably, Italy's two-year bond yield briefly touched its lowest level since before the heavy sell-off...

  • LONDON, Jan 17- A rally in peripheral euro zone bonds gathered momentum on Thursday, bolstered by successful bond sales from Italy and Spain and extending to Greece after prime minister Alexis Tsipras survived a no confidence vote in parliament. Italy's government bond yields fell the most and were down up to 6.5 basis points across the curve.

  • The political situation is still fragile for Tsipras, whose party has only 145 seats in the Greek parliament — making him leader of a minority government.

  • *Spain sells 4.6 bln euros of bonds at auction. Euro zone bond markets have taken their cue this week from Britain, where gilt yields rose on Wednesday after the parliament rejected Prime Minister Theresa May's withdrawal agreement with the European Union. Peter Chatwell, rates strategist at Mizuho said that any optimism on UK politics was "sorely misplaced."

  • *Italy sells 10 bln euros in its biggest bond deal. *Italy bond yields lower outperform peers. LONDON, Jan 16- Italy's bond yields tumbled on Wednesday after record demand for a new 15- year bond a day earlier, while a selloff in UK gilts after a hefty parliamentary defeat for Prime Minister Theresa May's Brexit plans hurt broader euro zone debt markets.

  • *Italy hires banks for new 15- yr bond deal. LONDON, Jan 14- Record investor demand for the year's first wave of euro zone government bond sales sets the stage for new debt issuance from Italy and Spain, whose debt agencies are keen to capitalize on the conducive environment, bankers said. Spain is expected to follow with a syndicated bond next week, bankers told...

  • CAIRO, Jan 14- Israel will begin exporting natural gas to Egypt in a few months' time, Energy Minister Yuval Steinitz said on Monday, a key step in the country's plans to sell its expanding gas production abroad and bolster diplomatic ties. Israel has discovered vast amounts of gas since the early 2000 s, signing deals to export to Egypt and Jordan.

  • *Italy hires banks for new 15- yr bond deal. LONDON, Jan 14- Record investor demand for the year's first wave of euro zone government bond sales sets the stage for new debt issuance from Italy and Spain, whose debt agencies are keen to capitalise on the conducive environment, bankers said. Spain is expected to follow with a syndicated bond next week, bankers told...

  • Greek Prime Minister Alexis Tsipras gets out his car as he arrives at the European Council in Brussels on October 18, 2018.

    The vote raises questions about the future of Tsipras' leadership and whether a snap election in the highest indebted euro zone economy could be just around the corner.

  • Central to this is the situation in France, where people have taken to the streets in recent weeks wearing brightly coloured "gilets jaunes" or "yellow vests", protesting against President Emmanuel Macron's economic policies. In response, Macron pledged tax cuts for pensioners and minimum wage increases that will cost France an additional 8- 10 billion euros.

  • The Australian Federal Police emblem seen during a 2014 press conference.

    Australian police said on Thursday they had arrested a 48-year-old man for sending as many as 38 suspicious packages to diplomatic embassies and consulates across the country.

  • The United States withdrew from a nuclear deal with Iran last year and snapped sanctions in place to choke Irans oil and banking industries, while temporarily allowing eight customers to keep buying crude from the Islamic Republic. "China, India, Japan, South Korea and other countries that were granted waivers from America to import Iranian oil are not willing...

  • *Portugal and Spain tell strong recovery stories. Investors who bought government bonds from euro zone countries-- with the admittedly large exception of Italy-- at the start of 2018 booked a healthy profit if they held them to the end of the year. Demand was stoked by Italy's wrangling with Brussels over its budget plan, uncertainty over Britain's impending exit...

  • *Dubai posts biggest rise since June 2017. *Qatar, Kuwait, Saudi all beat emerging market index in 2018. The Dubai index, which hit five-year lows last week, surged 2.4 percent-- it biggest rise since June 2017-- as real estate stocks rebounded.

  • *Markets buoyed by last-minute deal with Brussels. ROME, Dec 29- The Italian parliament on Saturday passed the government's 2019 budget just ahead of an end-year deadline, following last week's deal with the European Commission which calmed financial markets and averted a risk of fines against Rome. Italy re-drafted the budget and cut the deficit next year to...

  • BERLIN, Dec 18- Germany is lowering its threshold to launch security probes of stake purchases by non-European entities to protect critical infrastructure, a government document showed on Tuesday, in a push to fend off unwanted takeovers by Chinese investors. The move coincides with mounting concerns that China's state-backed companies are gaining too...

  • SANTIAGO, Dec 17- Chilean law enforcement officials are investigating the delivery of Iranian crude oil to state energy company ENAP as a possible source of the noxious fumes that caused hundreds of people to seek hospital treatment in August, a prosecutors' office told Reuters. Police and prosecutors raided ENAP's oil refinery and maritime port in Hualpen...

  • Interior Secretary Ryan Zinke, who has aggressively sought to roll back Obama-era environmental protections, will be leaving his post at the end of the year, President Donald Trump tweeted on Saturday, the latest high-profile departure from his administration. Zinke has run the Interior Department, which oversees Americas vast public lands, since early 2017.

  • SATURDAY, DECEMBER 15 PISA, Italy- ECB President Mario Draghi delivers speech on the occasion of the awarding of the Laurea Honoris Causa in Economics by University of Sant' Anna in Pisa, Italy- 1030 GMT. BRUSSELS- Belgian central bank presents forecasts for Belgian economy, given by bank Governor and ECB Governing Council member Jan Smets- 0900 GMT.