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Tuesday, May 26, 2015

Lose-Lose situation if no deal between Greece and its creditors

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Suppose there is no deal reached by June 5th between Greece and its creditors, suppose that no bailout money arrives in Athens, suppose the ...

European Stocks Sink on Greek Debt Worries, New Governments

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LONDON (TheDeal) -- Continued worries about a Greek debt default weighed on European markets on Tuesday as the continent's main markets ...

UPDATE 1-Greece might sidestep June 5 IMF deadline if funding deal close-officials

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* Lumping June IMF payments together could postpone default threat, buy time BRUSSELS, May 26 (Reuters) - Cash-strapped Greece could avoid p...

'Grexit' risk dips even as aid talks go to the wire, investor survey shows

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The probability Greece will leave the euro zone in the next year has fallen even as Athens is fast running out of time to reach a cash-for-r...

Gov't considering small tax on ATM withdrawals

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The Greek government is considering the introduction of a small levy on ATM withdrawals in view of encouraging the use of credit cards in tr...

Greek contagion risk minimized by officials as talks stall

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European bankers and officials sought to minimize the wider risk from a possible Greek default as talks about the country’s fiscal future re...

UPDATE 1-Greece mulls bank ATM levy, tax to legalise undeclared income abroad

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Greece is not after having the money repatriated but wants to tax it to relieve its cash squeeze. Savers with undeclared incomes deposited i...