Investment strategy correspondent, London
Ingrid's Feed
Jan 29, 2015

France: no waiver for Greece, maybe more time to pay debts

PARIS, Jan 29 (Reuters) – Greece could be given more time to
pay off its debt if it keeps its budget in balance and maintains
promised reforms, French officials said on Thursday.

In a series of statements spelling out Paris’s position days
before talks with the new government of Alexis Tsipras, senior
French officials ruled out any prospect of an outright
cancellation of Greek debt.

Jan 27, 2015

EU agrees 1.8 billion euros for Ukraine, to consider more

BRUSSELS, Jan 27 (Reuters) – EU finance ministers agreed on
Tuesday to loan Ukraine 1.8 billion euros ($2.0 billion) to help
save it from bankruptcy, leaving open the option of increasing
aid at a later stage.

Diplomats at the meeting in Brussels said several European
governments including Britain pushed for as much as 2.6 billion
euros in medium-term loans for this year and 2016.

Jan 26, 2015

EU open to later Greek debt repayment, not forgiveness

BRUSSELS, Jan 26 (Reuters) – Europe showed a willingness on
Monday to give Athens more time to pay its debts, but little
sign that it would yield to a new Greek government’s demands for
debt forgiveness.

European Union leaders and policymakers responded to Greek
anti-bailout party Syriza’s election victory on Sunday with
warnings that a debt reduction for Greece would be against euro
zone rules and would send the wrong message to other members of
the single currency.

Jan 25, 2015

All eyes on Fed, Greece after ECB fires bazooka

PARIS (Reuters) – After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn’t stray from its own policy path.

The atmosphere will already be tense as the fallout from Sunday’s snap election in Greece settles and concern has grown in some quarters that central banks, which played such a big part in guiding economies through the financial crisis, are becoming less predictable.

Jan 25, 2015

Global Economy Weekahead: All eyes on Fed, Greece after ECB fires bazooka

PARIS (Reuters) – After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn’t stray from its own policy path.

The atmosphere will already be tense as the fallout from Sunday’s snap election in Greece settles and concern has grown in some quarters that central banks, which played such a big part in guiding economies through the financial crisis, are becoming less predictable.

Jan 16, 2015

NATO, EU set diverging tones on approach to Russia

VILNIUS/PARIS, Jan 16 (Reuters) – A top NATO official said
on Friday it was the wrong time to talk about mending relations
with Russia, but EU chief Jean-Claude Juncker sounded more
conciliatory, saying the bloc must begin to engage with Moscow
again in areas of common interest.

The comments indicated diverging approaches by two key
Western organisations on how to deal with Russia 10 months after
it annexed Ukraine’s Crimea region, provoking the worst
East-West crisis since the Cold War.

Jan 15, 2015

France says spending cuts likely kept 2014 deficit on target

PARIS (Reuters) – France cut state spending in 2014 meaning it likely met its public deficit target, Finance Minister Michel Sapin told Reuters on Thursday, with Paris hoping this will boost its chances to avoid EU budget sanctions.

The euro zone’s second-largest economy has repeatedly missed fiscal targets and its 4.4 percent public deficit-to-GDP ratio goal, even if respected, will be higher than initial pledges.

Jan 14, 2015

Charlie Hebdo “All is Forgiven” edition sells out in minutes

PARIS, Jan 14 (Reuters) – The first edition of Charlie Hebdo
published after last week’s deadly attack by Islamist gunmen
sold out within minutes at newspaper kiosks around France on
Wednesday, with readers queuing up for copies to support the
satirical weekly.

It came as Al Qaeda in Yemen claimed responsibility for the
attack, saying it ordered the killings because it deemed the
weekly had insulted the Prophet Mohammad. A total five million
copies of so-called “the survivors’ edition” are to be printed,
dwarfing the normal 60,000 print run.

Jan 14, 2015

French rush to buy new Charlie Hebdo edition after attacks

PARIS (Reuters) – The first edition of Charlie Hebdo published after the deadly attacks by Islamist gunmen sold out within minutes at newspaper kiosks around France on Wednesday, with people queuing up to buy copies to support the satirical weekly.

“I’ve never bought it before, it’s not quite my political stripes, but it’s important for me to buy it today and support freedom of expression,” said David Sullo, standing at the end of a queue of two dozen people at a kiosk in central Paris.

Jan 11, 2015

‘I am not Charlie:” cracks in the unity after Paris attacks

PARIS (Reuters) – The world outpouring of sympathy after the deadly “Charlie Hebdo” attack has touched many in France but some either detect a note of hypocrisy or feel squeamish about supporting a satirical weekly that antagonized many.

President Francois Hollande’s government insists freedom of expression must not be curtailed out of fear of further attacks, and authorities have got fully behind a spontaneous “Je suis Charlie” (“I am Charlie”) social media campaign of solidarity.