Angela Merkel

Euro hit by concerns over Greece

The euro slipped on Monday ahead of more talks aimed at solving Greece?s debt crisis, while investors also eye a slate of speeches by Federal Reserve officials for further clues about the timing of an interest rate hike.

The single currency eased to $1.0787 and 129.55 yen on Monday from $1.0821 and 129.98 yen in New York on Friday.

Tsipras tells Merkel 'impossible' to repay debt without EU aid

Greece's Prime Minister Alexis Tsipras has warned German Chancellor Angela Merkel in a letter that Athens will not be able to service its debt without financial help from the EU, the Greek government revealed on March 23.
      
Greek government spokesman Gabriel Sakellaridis confirmed a report in the Financial Times which said that Tsipras had written to Merkel.
      

All eyes on the Greek PM-German Chancellor meeting

Prime Minister Alexis Tsipras is visiting German Chancellor Angela Merkel in Berlin on Monday. He has already warned Merkel that Athens will be unable to make debt repayments if the EU fails to unlock financial aid to Greece. The message was sent in a letter amid concerns that Athens would fall short of making pension and wage payments in April.

Bulgaria President Also to Boycott Victory Day Celebrations in Moscow

President Rosen Plevneliev will not attend the May 9 celebrations in Moscow marking the allies' victory over Nazi Germany during World War Two.

The Bulgarian head of state's press office confirmed this following reports in Russian news website that President Plevneliev has declined an invitation.

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