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Greek PM hopeful that deal will be reached at Eurogroup meeting

Greek Prime Minister Alexis Tsipras attends a cabinet meeting at the parliament in Athens, Greece June 13, 2017. REUTERS/Costas Baltas Greek Prime Minister Alexis Tsipras has said he is optimistic that a deal paving the way for new loans for Greece will be rea... More »

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EU`s Moscovici says Commission wants Greece in heart of euro zone

Greek Prime Minister Alexis Tsipras (L) welcomes European Economic and Financial Affairs Commissioner Pierre Moscovici at the Maximos Mansion in Athens, Greece February 15, 2017. REUTERS/Alkis Konstantinidis European Economic and Financial Affairs Commissioner... More »

Greek PM, France`s Hollande discuss Greek bailout review, Cyprus

Greek Prime Minister Alexis Tsipras (L) and French President Francois Hollande attend a European Union leaders summit in Brussels, Belgium October 21, 2016. REUTERS/Stephane De Sakutin/Pool – RTX2PU1R Greek Prime Minister Alexis Tsipras and French President Fr... More »

After IMF departure, EU puts ball back in Greece’s court

ATHENS/PARIS European Commission President Jean-Claude Juncker said on Friday that stalled debt talks between Athens and its creditors would restart but put the ball firmly in the Greek government’s court to come up with an acceptable deal. Juncker spoke after... More »

Shares, euro numbed by Greek drama

LONDON World shares saw a muted end to what looks set to be their best week since April on Friday as Greek debt talks took yet another confusing turn and put European markets on the back foot. The International Monetary Fund dramatically raised the stakes in G... More »

Asian shares slip, China’s imports disappoint

TOKYO Asian shares extended losses on Monday as weak Chinese imports increased concerns over a slowdown in the world’s second largest economy, while the dollar was steady after U.S. jobs data raised chances for a U.S. interest rate hike as early as September. ... More »

Dollar shines as jobs report supports case for Fed hike in Sept

TOKYO The dollar held firm in early Asia on Monday, trading near 13-year highs against the yen after strong U.S. employment data bolstered expectations for an interest rate hike by the Federal Reserve before year-end. U.S. nonfarm payrolls jumped 280,000 last ... More »

European, IMF leaders agree to work intensely in Greek debt talks

BERLIN/BRUSSELS The leaders of Germany, France and Greece’s international creditor institutions agreed late on Monday to work with “real intensity” in the coming days as they try to clinch a deal in debt negotiations with Athens. Athens and its creditors from ... More »

Some blame EU Commission for Greek obstinacy in debt talks

BRUSSELS Damned if you do, damned if you don’t. Some euro zone countries are accusing the European Commission of giving Greece false hope of new loans for less reform effort, but they still want Brussels to find a way to keep a defiant Athens in the euro. Afte... More »

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Greece prepares reform bill, lenders seek concessions

ATHENS/BRUSSELS (Reuters) – Euro zone officials sought to wring policy concessions from Greece on Wednesday to unlock urgently needed aid after Athens said it would present a list of reforms for legislation to show it is serious about implementing its promises... More »

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Tsipras presses for May debt deal, threatens referendum

ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors within two weeks, after shaking up his negotiating team and sidelining his finance minister who has infuriated euro zone par... More »

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Merkel-Tsipras phone call confirmed amid cash squeeze report

BERLIN (Reuters) – A German government spokesman confirmed on Monday that Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras had a telephone conversation on Sunday but declined to comment on the contents of their conversation. “I can confirm the ... More »

Dollar on defensive after more weak U.S. economic data

TOKYO (Reuters) – The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece’s debt talks pressured... More »

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If Greece falls, no one wants their prints on the murder weapon

BRUSSELS (Reuters) – “We’re going bust.” “No, you’re not.” “You’re strangling us.” “No we’re not.” “You owe us for World War Two.” “We gave already.” The game of chicken between Greece and its international creditors is turning into a vicious blame game as Ath... More »

Euro zone warns Greece no cash till full reform deal

RIGA (Reuters) – Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy. Greek Finance Minister Yanis Varoufakis faced a harsh... More »

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Greece may have blown best hope of debt deal

BRUSSELS (Reuters) – Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support. Prime Minister Alexis Ts... More »

Greece makes IMF payment, gets bank funds, but doubts remain

BRUSSELS/ATHENS (Reuters) – Greece made a crucial payment to the International Monetary Fund and won extra emergency lending for its banks on Thursday but it remained unclear whether Athens can satisfy skeptical creditors on economic reforms before it runs out... More »

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Greek PM says wants ‘honest compromise’ but not at any cost

ATHENS (Reuters) – Prime Minister Alexis Tsipras on Monday appealed for an “honest compromise” with lenders but warned Greece would not agree to an “unconditional” one, after its biggest creditor demanded it do more to show commitment to reform. With its cash ... More »