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Greek emergency services workers march for better pension deal

Atenas - More than 2,000 police, coastguards and firefighters took to the streets of cash-strapped Athens on Friday in protest at pension reforms as the country reeled from a paralysing general strike, according to AFP.

Greece's Tsipras set to promise that Greek upturn is near

Atenas - He came to power vowing a debt revolution, but after a rollercoaster year of economic meltdown forcing him to abandon his election promises, a less bouncy but still charismatic Greek Prime Minister Alexis Tsipras is facing the music.

U.S. to pay Iran $1.7 bn in debt and interest: Kerry

Washington - The United States is to repay Iran a $400 million debt and $1.3 billion in interest dating to the Islamic revolution, Secretary of State John Kerry said Sunday.

EU warns Greece not to 'play games' with IMF

Berlin - The EU's economic affairs commissioner called on Athens "not to play games" with the International Monetary Fund as the body decides whether to participate in Greece's latest bailout.

Seychelles swaps part of its debt with pledge to protect oceans

Seychelles, an archipelago of 115 islands in the Western Indian Ocean with a population of 90,000, is swapping nearly $30 million of its debt in exchange for the protection of 30 percent of its ocean territory with an area larger than the size of Germany.

Greece defiant on pension cuts ahead of key talks with creditors

Atenas - Greece's prime minister on Sunday said his government will not give in to "unreasonable" demands as the debt-ridden country braces for critical negotiations with international creditors on the thorny issue of pension reform.

IMF changes rule on debt as Ukraine faces Russia deadline

Washington - The International Monetary Fund on Tuesday changed a rule that would have blocked its financial aid program to Ukraine in the event the country defaulted on debt owed to Russia.

Argentina's new government set for fresh debt talks

Buenos Aires - Argentina will send a team of negotiators to the United States in the coming few days, hoping for a fresh start to ongoing debt-crisis talks under its newly elected president, media reports said Sunday.

France warns won't meet EU deficit targets as steps up security spending

Paris - France warned Tuesday it won't meet its EU deficit obligations as it steps up spending on security in the wake of the Paris terror attacks.

Greece's leftist govt hit by first general strike

Atenas - Over 20,000 people demonstrated in Athens against fresh spending cuts Thursday, with sporadic outbreaks of violence, in the first general strike against the leftist government which swept to power on an anti-austerity ticket.

Creditors begin Greek reforms review ahead of strike

Atenas - Greece's international creditors on Wednesday begin a review of reforms pledged under the country's bailout, a day ahead of a general strike to protest the measures.

Argentine candidate Macri pledges to end bond fight

Buenos Aires - Argentine presidential challenger Mauricio Macri said Tuesday that he will end the country's long debt battle with US hedge funds if he wins the runoff vote on November 22.

Moscovici confident of 'compromise' with Greece on remaining reforms

Atenas - The EU's economic affairs commissioner, Pierre Moscovici, voiced confidence Tuesday that Greece would reach a "compromise" with its creditors by the end of the week on remaining reforms demanded under its third bailout.

U.S. Senate passes budget deal to avert default

Washington - The US Senate passed a bipartisan, two-year budget deal early Friday that boosts federal spending by $80 billion, reduces a government shutdown threat and raises the debt ceiling through the end of Barack Obama's presidency.

S&P upgrades Ukraine from 'selective default'

Kiev - Standard and Poor's upgraded Ukraine's credit rating on Monday from "selective default" thanks to the cash-strapped former Soviet country's ability to strike a major debt write-restructuring deal.

Greek lawmakers to approve first new bailout reforms

Atenas - Greece's parliament was expected to approve later Friday a first batch of reforms and tax cuts stemming from its third EU bailout.

Ukraine threatens 'legal war' with Russia over debt deal

Kiev - Ukraine threatened Thursday to launch a "legal war" with Russia after Moscow held out on a vital debt restructuring agreement needed to stop the crisis-torn nation hurtling towards a default.

Spain fends off finance critics ahead of elections

Madrid - Spain's government was forced to defend itself Tuesday against claims it polished its outlook for its recovering public finances ahead of a general election.

Putin asks IMF to help Ukraine pay off $3 billion debt to Russia

Moscow - President Vladimir Putin called Tuesday on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay off its debt to Russia.

Ukraine confident Russia can't hold IMF aid 'hostage'

- Ukraine is confident the international community will not let Russia hold "hostage" an IMF bailout package that Kiev needs to avoid default, a source close to the Ukrainian government said Saturday.

Hedge fund threatens to sue Peru over debt: Sources

- A US hedge fund is threatening to sue Peru for payment of defaulted debts issued by its former military regime, sources said Friday, with one activist group condemning the action as "predatory.

IMF chief urges holdouts to join Ukraine debt deal

Kiev - IMF chief Christine Lagarde on Tuesday pressed Ukraine's hold-out creditors such as Russia and a handful of Western investment houses to write off some of the crisis-wrecked country's massive debt.

Putin congratulates Tsipras on Greek vote win

Moscow - Russian President Vladimir Putin on Monday congratulated Greece's left-wing prime minister Alexis Tsipras on his thumping poll victory.

Ukraine parliament backs crucial debt write-off deal

Kiev - Ukraine's parliament on Thursday backed a crucial debt restructuring agreement that will save Kiev billions of dollars and keep the war-torn country from falling into an unmanaged default.

Greek crisis prompts a rethink on food waste

Atenas - With little end to their economic misery in sight, Greeks are finding inventive ways to feed the poor while also fighting waste -- a movement that is chipping away at traditional attitudes to food.

Greek opposition conservatives nudge ahead of Syriza: Poll

Atenas - Eighteen days ahead of snap elections, Greece's conservative opposition New Democracy party has for the first time taken a slender lead over the ruling left-wing Syriza, an opinion poll showed Wednesday.New Democracy has 25.

Greece vote set for Sept 20 as Syriza takes poll lead

Atenas - Greece geared up Friday for a snap election next month, with an opinion poll showing the leftist party Syriza ahead despite a wave of defections over the country's massive new bailout.

Poll shows Tsipras in lead as Greece gears up for vote

Atenas - Greece geared up for its fifth election in six years with an opinion poll Friday showing leftist leader Alexis Tsipras ahead despite a wave of defections from his Syriza party over the terms of the country's massive new bailout"Today the great electora...

Greece's top judge takes over as caretaker PM ahead of snap vote

Atenas - Greece's top judge on Thursday became the country's first female prime minister, taking over a caretaker administration to organise early elections next month, the fifth in the crisis-hit country in six years.

Ukraine averts default with major debt write-down deal

Kiev - Ukraine said Thursday it has reached a crucial debt restructuring deal that will see lenders accept a 20-percent write-down and keep global markets open to the cash-strapped ex-Soviet state.
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