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The Greek Prime Minister has requested the EU Council President for an EU leaders’ summit. However, his request has been overturned by the euro-zone President since Greece has failed to reach a bailout deal with its creditors till date. The organization chief cites the necessity for reaching an agreement prior to setting up a schedule for a summit of the European leaders. -
U.S. Treasury is Finalizing Rule to Combat Tax Evasion
U.S. Treasury Secretary announced support on restraining tax evasion during his speech in the International Monetary and Financial Committee (IMFC) press conference at the IMF headquarter on Saturday. -
Greece to pursue deal with creditors to alleviate financial status
Greece is keen on continuing the talks with its creditors in order to come up with a solution to the country's financial ailment. Different opinions on the issue have been the roadblock in coming up with a solution. -
Venezuela's president calls for prosecution of business leader Mendoza
Venezuela's president on Sunday urged legal action against billionaire businessman Lorenzo Mendoza over a phone call which airs the possibility of an international bailout for the OPEC nation's ailing economy. -
Tsipras presses for early Greek debt deal but flags referendum
Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an early deal with international creditors, after shaking up his negotiating team and sidelining his outspoken finance minister who has infuriated euro zone partners. -
Early Greek election, referendum possible if EU rejects debt plan: Varoufakis
Greece could call a referendum or have early elections should its euro zone partners reject its debt and growth plans, Greek Finance Minister Yanis Varoufakis said in a newspaper interview on Sunday. -
Greece defies creditors, seeking credit but no bailout
Talks between Greece and euro zone finance ministers over the country's debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as "unacceptable". -
Tsipras moves to form anti-austerity Greek government after crushing victory
Greek leftwing leader Alexis Tsipras will move on Monday to build a stable government that can take on international lenders and reverse years of painful austerity following a crushing election victory by his Syriza party. -
Greek leftists Syriza aim for landmark election win
Greeks began voting on Sunday in an election expected to bring in a government led by the leftwing party Syriza, which has pledged to take on international lenders and roll back painful austerity measures imposed during years of economic crisis. -
IMF focus on cutting debt over health spending worsened Ebola in Africa: study
The International Monetary Fund (IMF) was partially responsible for the scale of the Ebola crisis in three West African countries as its policies hampered healthcare spending in these post-conflict states, according to a new study. -
Greek opposition leader accuses government of fear-mongering
Greece's radical leftist opposition leader, Alexis Tsipras, accused Prime Minister Antonis Samaras on Saturday of sowing fear in the country to win support for a presidential vote the government must win to avoid a snap election. -
War heroes and activists to shape new-look Ukraine parliament
Out will go the bodyguards and mistresses, in are likely to come the street activists and war veterans: Ukraine's next parliament will be pro-Western and strongly nationalist, and it won't be to Russia's liking. -
Brazil's Neves would improve ties with United States: adviser
Brazilian presidential challenger Aecio Neves would seek to repair ties with the United States and finalize a long-delayed free-trade agreement with the European Union if he is elected in an Oct. 26 runoff, his top economic adviser said on Friday.
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