Dollar picks up on rate hike speculation

Tokyo (AFP) - The dollar climbed Tuesday to a five-week high against the yen and held its euro gains on growing expectations the US Federal Reserve will raise interest rates this year.

Schaeuble Says Some in German Government Would Prefer Greek Exit

Chancellor Angela Merkel’s government is split on whether Greece’s continued euro membership is the best way forward for the country, German Finance Minister Wolfgang Schaeuble told reporters in Brussels on Tuesday.

FOREX-Dollar rallies as Greek deal renews focus on Fed rate hike

NEW YORK, July 13 (Reuters) - The dollar rallied against the euro, yen, and Swiss franc on Monday after a debt deal between Greece and its international lenders renewed focus on the possibility that the U.S. Federal Reserve might hike interest rates in September.

Hollande Says Greek Deal Possible as Merkel Sees No Progress

French President Francois Hollande held out the prospect of a deal for Greece even as German Chancellor Angela Merkel said negotiations looked to be going backward.

U.S. investors to keep eye on Greece as crisis worsens

U.S. investors are expected to keep an eye on the Greek debt drama next week amid reports that Greece’s coffers are so depleted that its banks may not have enough money to open for business on Monday.

Tsipras to Address Lawmakers After Stakes Raised in Showdown

Greek Prime Minister Alexis Tsipras is preparing to address lawmakers after raising the stakes in his country’s showdown with creditors by rejecting demands for more austerity and opting for a deferral of IMF payments.

Greece: 'Big, big problems' for debt deal

Eurogroup head Jeroen Dijsselboem has warned that "big, big problems" need to be solved before any Greece debt deal can be agreed.

Greece debt deal: Reforms will 'combat tax evasion'

Greece will crack down on tax evasion and streamline its civil service in its bid to secure a bailout extension, minister of state Nikos Pappas says.

Denmark ready to impose capital controls to protect currency

Denmark's central bank is ready to impose capital controls to stop the inflow of money that has threatened its currency peg with the euro.

Fed lifts stocks, dollar; euro tests 1999 starting point

(Reuters) - The dollar hit a nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday, bolstered by Federal Reserve confidence in the U.S. economy and hopes of aggressive new stimulus in Europe.

Merkel ally urges ECB not to buy struggling states' bonds

(Reuters) - A senior member of Angela Merkel's party warned the European Central Bank not to pour money into Greece and other struggling euro zone states through bond purchases, saying this would reduce pressure on them to enact much-needed reforms.

Hedge Fund Dromeus Turns Greek Tragedy to Triumph With 160% Gain

Dromeus Capital Management SA is turning Greek tragedy into triumph.

Greece, creditors still in tough negotiations

ATHENS: Greece's finance minister says the country is still in tough negotiations with representatives of its international creditors over the course of its economic reform program, but insists there is no cause for concern and that the government is not being pressed to impose new austerity measures.

Greek EU presidency a challenge given ongoing crisis: Analysts

ATHENS: Crisis-hit Greece in January takes over the six-month rotating EU presidency with a crucial European Parliament ballot looming, and the bloc divided over delicate efforts to create a banking union.

Euro finance ministers warn against complacency

Eurozone finance ministers warned against complacency Friday as the economy recovers from a record recession, insisting the return to growth does not mean that painful reforms can be relaxed.

Merkel Blames SPD’s Schroeder for Letting Greece Into the Euro

German Chancellor Angela Merkel sought to pin the blame for the euro-region’s debt turmoil on her Social Democratic predecessor, Gerhard Schroeder, saying he should never have let Greece into the single currency area.

Greek privatisation bidder urged to improve offer

Greek-Czech investment fund Emma Delta has been given until 1 May to submit an improved bid for Greek gambling monopoly OPAP.

Greek deficit improves but jobless rate soars

ATHENS, Greece (AP) — Greece's coalition government on Thursday reported a steep drop in the budget deficit in 2012, but unemployment rose again at an alarming rate as state spending cuts continued to hurt the economy and erode living standards.

Greece to clear 5 bn euro debt hurdle: Debt agency

ATHENS: Greece on Friday was in the process of repaying a five-billion-euro treasury bill with money raised from another debt issue this week, thus avoiding a payment default, a debt management agency source said.

Global shares fall as growth fears mount, Wall St closes

LONDON (Reuters) - World shares and commodities fell on Monday as a recent run of downbeat corporate reports cast a shadow over the economic growth outlook and markets awaited the impact of a huge U.S. hurricane.