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Greek minister reaches out to Lagarde as bailout talks drag

  Bloomberg Greece’s finance minister arranged a last-minute follow-up meeting with International Monetary Fund Managing Director Christine Lagarde before returning to Athens from a gathering of global policy makers in Washington, as the nation seeks to unlock more bailout funds from creditors. The creditors are considering proposing additional austerity measures that would kick in if the nation missed budget targets, ...

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PM Tsipras sees troubled reform talks ending by May 1

  Athens / AFP Greek Prime Minister Alexis Tsipras said reform talks with the country’s EU-IMF creditors, delayed by disagreements over pension cuts and bad loans, could conclude by May 1. “I believe the target I have specified, to conclude (the talks) by Orthodox Easter (on May 1)… is feasible,” Tsipras told state television ERT. “We are on the verge, I ...

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EU weighs softer derivatives rules

  Bloomberg Banks and asset managers moved closer to winning easier rules for derivatives as European Union member states signaled support for amending regulations as part of a delay in the wider law that revamps oversight of trading across the continent. EU states are considering attaching the policy changes to legislation postponing until January 2018 the vast MiFID II law ...

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