Greece News
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Updated 14 minutes ago
European stocks fluctuated between gains and losses as investors awaited the conclusion of the Federal Reserve’s policy meeting for indications on the duration of stimulus measures.
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Finland’s Finance Ministry cut its forecast for the northernmost euro member’s economy that’s mired in a recession along with its single-currency peers.
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Updated 3 hours, 11 minutes ago
It was 95 degrees Fahrenheit outside the Los Cabos conference center as President Barack Obama and fellow Group of 20 leaders pressed Chancellor Angela Merkel to take the heat out of the crisis-wracked euro area.
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Updated 1 hour, 13 minutes ago
Wall Street banks, buoyed by record stock-market prices and high-yield bond issuance, probably will report a jump in second-quarter trading and investment-banking revenue from the same period a year ago.
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Greek Prime Minister Antonis Samaras will meet with his coalition partners today after their objections to his closure of the country’s public broadcaster threatened the stability of his year-old government.
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German Finance Minister Wolfgang Schaeuble said he’ll pay his first official visit to Athens to discuss ways to help Greek businesses, as the German government rallied to the side of Greece.
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Updated 12 minutes ago
Niall Ferguson has written an old man’s book.
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The International Monetary Fund should focus on its “core duties” once current aid programs for troubled euro countries end, Martin Kotthaus, German Finance Minister Wolfgang Schaeuble’s spokesman, said today.
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The dollar gained versus the euro and yen before the Federal Reserve starts a two-day policy meeting tomorrow as investors weigh whether the central bank will curb bond purchases.
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The Czech Republic’s three ruling parties will meet today to discuss the future of the government, with a scandal over spying and bribery throwing the fate of Prime Minister Petr Necas into question.
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