Reuters
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Greek banks give Paulson's Recovery Funds a boost in Q1
By Svea Herbst-Bayliss
Gains in Greek banks' shares gave billionaire investor John Paulson's $3.2 billion Recovery Funds a lift during the first quarter, and future returns are expected to keep climbing as the housing and real estate markets continue to recover.
Kiev "won't talk to terrorists in east"
Kiev "won't talk to terrorists in east"
ki -- Ukraine's government is ready to talk to political parties and regional officials in the east on resolving the crisis, but not to "terrorists", Kiev announced.
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NATO to consider stationing troops permanently
NATO to consider stationing troops permanently
OTTAWA -- NATO will have to consider permanently stationing troops in parts of Eastern Europe as a result of the increased tension between Russia and Ukraine.
This is according to the alliance's top military commander, quoted by Reuters.
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TAIPED to use bourse for promotion of sell-off projects
There has been a revival in the interest of major long-term investment funds in Greek privatizations, which will now gain fresh momentum through the promotion of sell-offs via the stock market, according to Yiannis Emiris.
Retail sales volume up 0.6 pct in February
Greek retail sales by volume rose 0.6 percent in February compared to the same month last year, statistics service ELSTAT said this week.
The reading had dropped at a revised annual pace of 0.4 percent in January, less than previously estimated. [Reuters]
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Bank of Cyprus thaws deposits
Bank of Cyprus will release some of the 933 million euros of deposits still frozen under a recapitalization of the bank last year, it said on Wednesday. [Reuters]
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Greece to seek to stretch maturity of rescue loans to up to 50 years
Greece will formally propose stretching the maturity of its international rescue loans to up to 50 years as part of measures to make its debt sustainable, a senior Greek finance ministry official said on Wednesday.
Greek bank deposits rise in March after two-month slide
Greek bank deposits rose slightly in March after a drop in the previous two months, central bank data showed on Tuesday.
Business and household deposits rose to 161.05 billion euros ($223 billion) from 160.54 billion in February, the Bank of Greece said.
[Reuters]
Russia: EU does Washington's bidding, should be ashamed
Russia: EU does Washington's bidding, should be ashamed
MOSCOW -- Russia has criticized new sanctions against its officials over the role of Moscow in the crisis in Ukraine, saying that the EU was influenced by Washington.
That is something the EU should be "ashamed of," the Russian Ministry of Foreign Affairs noted.
Rich nations' greenhouse gas emissions fall in 2012
Industrialized nations' greenhouse gas emissions fell by 1.3 percent in 2012, led by a U.S. decline to the lowest in almost two decades with a shift to natural gas from dirtier coal, official statistics show.