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| Stock futures dip on worries over Greece
(Reuters) |
Reuters - Stock index futures fell on Monday, indicating the benchmark S&P 500 index could pull back after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.
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| Merkel presses Greece as another bailout deadline slips
(Reuters) |
Reuters - Greece let yet another deadline slip on Monday for responding to painful terms for a new EU/IMF bailout, as German Chancellor Angela Merkel made clear Europe's patience is wearing thin over drawn-out negotiations among its feuding political leaders.
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| Intense Greek talks for debt deal continue
(AP) |
AP - Greece's European partners tightened the screws on Athens on Monday, demanding that political leaders swiftly agree on more austerity measures in exchange for a new bailout package needed to avert a disastrous bankruptcy.
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| France, Germany want account for Greek debt funds
(AP) |
AP - France and Germany called Monday for the creation of a special account to ensure that billions of euros in bailout money for Greece goes directly to paying down debt, just as Greek politicians struggle to agree a fresh austerity plan that is being pushed for by international creditors.
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| Euro zone sales tumble at Christmas, no sign of growth
(Reuters) |
Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.
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