Miracle in Athens as Greek tourism numbers keep growing

Worries about Turkey and north Africa have seen healthy, and rising, visitor numbers to Greece. Which is welcome in a sector that pro...

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Greece to Get $11.5 Billion Payout as Debt Relief Weighed

Greece’s creditors reached an agreement that will allow the release of 10.3 billion euros ($11.5 billion) of aid and committed to eas...

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There won’t be another Greek crisis, says Schaeuble

German Finance Minister Wolfgang Schaeuble said yesterday that there would not be another crisis over Greece, which is seeking to unl...

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IMF Proposal on Greece Sets Up Battle With Germany

BERLIN - The International Monetary Fund is demanding that Europe free Greece from all payments on its bailout loans until 2040, in t...

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Macedonia: Over 11,000 refugees sent back to Greece since March

Macedonian authorities have sent more than 11,000 people back to Greece since it closed its borders to migrants in early March. ...

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'Sitting, standing & squatting': Germany launches website to teach refugees about sex

With accusations of rape and other offences mounting against migrants, Germany has launched a special website to educate the newcomer...

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Why the Eurozone May Avoid a Greek Crisis This Summer

Whisper it, but this summer might not be marked by a flare-up of the Greek crisis. The move to set out a path to debt relief for Gree...

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Closing Summary: A good day in the Greek crisis

Long experience of the eurozone debt crisis means we shouldn’t get too excited tonight. Today’s extraordinary meeting does seem to ha...

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The IMF wants Europe to be 'realistic' about the Greek debt crisis

The International Monetary Fund is urging finance ministers in the eurozone to get to the negotiation table and start working out a d...

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Deutsche Bank is being investigated for suspected market manipulation

BARI, Italy (Reuters) - Deutsche Bank is under investigation in Italy for suspected market manipulation relating to the sale of Itali...

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Business Insider: Goldman Sachs is firing traders again

Goldman Sachs on Thursday made job cuts in its securities business, according to people familiar with the matter. The cuts bring the ...

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China National Rail’s debt over $600 bn, twice the size of Greece’s obligations

China’s state-owned rail corporation is more than $600 billion in debt, reports said, almost twice the size of Greece’s obligations. ...

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China Seen Churning Out Most Steel Ever

China, maker of half the world’s steel, probably boosted production to a record in April as mills fired up furnaces and domestic pric...

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Turkey Leadership Crisis: President Erdogan wants to rebuild democratic Turkey into a more strongly authoritarian and presidential state

Turkish President Recep Tayyip Erdogan’s ambition to wield more power from his largely ceremonial office led his hand-picked Prime Mi...

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ECB Decrees Slow Death of 500-Euro Note in Fight Against Crime

The European Central Bank will discontinue production of the 500-euro ($575) banknote in a move that risks tensions with euro-area ci...

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Miami Herald: How the left blew it in Latin America

In the end, the populist revolutionaries who swept to power in Latin America a decade ago proved to be worse than the corrupt oligarc...

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George Soros: Is China Becoming the US of 2008?

China’s boom in credit growth, which we discussed earlier in this series, could affect China’s growth. George Soros said, “Most of th...

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ICIJ to Release Panama Papers Offshore Companies Data

The International Consortium of Investigative Journalists will release on May 9 a searchable database with information on more than 2...

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The crazy reason we might be facing a huge crisis in Greece again

Sometimes it's hard to tell whether history is repeating itself as tragedy or as farce. Greece, after all, has had plenty of both...

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Opinion: Alexis Tsipras as tactician on Greece's financial problems

Greek Prime Minister Alexis Tsipras is pushing for a special EU summit, while in Athens, people are speculating about fresh elections...

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