Euro working group recommends 23 billion euro initial tranche to Greece
European officials have recommended that euro zone finance ministers disburse an initial 23 billion euros ($25.56 billion) in a first aid tranche to Greece under its new bailout deal, a Greek official said on Friday.
Russia adds four new countries to food import ban list
Russia has added Albania, Montenegro, Liechtenstein and Iceland to a list of countries from which it has banned most food imports in retaliation for Western sanctions over the Ukraine crisis, Russian Prime Minister Dmitry Medvedev said on Thursday.
China central bank says halts 'regular' yuan intervention, will manage volatility
China's central bank has stopped "regularly" intervening in the foreign exchange market but could still conduct "effective management" of the yuan in cases of extreme volatility, its vice governor said, as policymakers tried to stem selling this week.
Greek economy surprises, returns to growth in second quarter
Greece's economy unexpectedly returned to growth in the second quarter despite political turmoil and the threat of a Greek euro zone exit, data showed on Thursday.
China lets yuan fall further, fuels fears of currency war
China's yuan fell to a four-year low on Wednesday, slumping for a second day, after the central bank devaluation on Tuesday, and sources said the government may let the currency slide even further to help exporters.
Greek bailout bill submitted to parliament for approval
Greece's government submitted a bill outlining a three-year bailout program to parliament on Wednesday, pushing for quick approval that would pave the way for rapid disbursement of aid.
Russia, Saudi foreign ministers to talk energy markets, Syria on Tuesday
Saudi and Russian foreign ministers, Adel al-Jubeir and Sergei Lavrov, will meet in Moscow on Tuesday to discuss global energy markets and the Middle East crisis, including the war in Syria and the threat of Islamic State, Russia's foreign ministry said.
Russian 'food crematoria' provoke outrage amid crisis, famine memories
Russian government plans for mass destruction of banned Western food imports have provoked outrage in a country where poverty rates are soaring and memories remain of famine during Soviet times.
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