Euro Zone

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Global stocks, oil rally on Greek plan; dollar falls

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NEW YORK - Stock markets rallied around the world on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone.

Greece outlines debt 'menu' in bid to win over skeptical euro zone

LONDON/ATHENS - Greece's new government dropped calls for a write-off of its foreign debt and proposed ending a standoff with its official creditors by swapping the debt for growth-linked bonds on Monday, a week after its election on an anti-austerity platform.

World, Greece 02 Feb 2015

Britain's Osborne says Greek stand-off biggest risk to the global economy

LONDON - British finance minister George Osborne said on Monday that a stand-off between Greece and the euro zone over Greek debt was fast becoming the biggest risk to the global economy.

02 Feb 2015

Greek turmoil an unexpected boon for German AfD eurosceptics

BREMEN, Germany - The new Greek government's anti-bailout stance has sent shudders through much of Europe but Germany's euroskeptic AfD party can hardly believe its good fortune ahead of a regional election as a breakup of the euro zone suddenly appears possible.

World, Germany, Greece 01 Feb 2015

Greece shakes Europe's political kaleidoscope: expect the unexpected

LONDON - By catapulting to power an improbable alliance of the hard left and nationalist far right, Greece has shaken up Europe's political kaleidoscope and may have signalled the end of an era of centrist consensus.

World, Greece 01 Feb 2015

Greece says Dijsselbloem visit will kick off debt talks

ATHENS - This week's visit to Athens by the head of the euro zone finance ministers' group will mark the start of Greece's negotiations on changing the conditions of its international bailout accord, the finance ministry said in a statement.

29 Jan 2015

France aims to facilitate Greece-euro zone talks: finance minister

PARIS - French Finance Minister Michel Sapin said on Wednesday France wanted to facilitate talks between Greece's new leftist Prime Minister Alexis Tsipras and the rest of the euro zone, and would meet his Greek counterpart in Paris on Monday.

World, France, Greece 28 Jan 2015

Greek PM Tsipras names anti-austerity cabinet, port sale halted

ATHENS - Greek Prime Minister Alexis Tsipras named a cabinet of anti-austerity veterans and halted privatization of Greece's biggest port on Tuesday, signaling he aims to stick to election pledges despite warning shots from the euro zone and financial markets. | Video

World, Greece 27 Jan 2015

Greek PM Tsipras names anti-austerity cabinet, port sale halted

ATHENS - Greek Prime Minister Alexis Tsipras named a cabinet of anti-austerity veterans and halted privatization of Greece's biggest port on Tuesday, signaling he aims to stick to election pledges despite warning shots from the euro zone and financial markets. | Video

World, Greece 27 Jan 2015

Schaeuble says Tsipras can find a 'different way' if he wants

BERLIN - German Finance Minister Wolfgang Schaeuble said on Monday Greece's leader Alexis Tsipras would have to "find a different way" to solve Greece's problems if he says he does not want money from the euro zone bailout program.

26 Jan 2015
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Anti-Islam group PEGIDA holds first Austria march

VIENNA - PEGIDA, the anti-Islam movement born in Germany, drew hundreds of supporters and counter-demonstrators to the streets of Vienna when it held its first march in neighboring Austria on Monday.

Sex offence trial of ex-IMF head Strauss-Kahn opens

LILLE, France - Dominique Strauss-Kahn, the former International Monetary Fund chief tipped to become French president before a New York hotel maid accused him of sexual assault in 2011, went on trial in France on Monday in a separate case of alleged procuring of prostitutes. | Video

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Italy's new president decries organized crime in first speech

ROME - President Sergio Mattarella called on Italian lawmakers to make fighting organized crime and corruption a priority, using his first speech as head of state to highlight two of the country's most persistent economic and social scourges.

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