Financial crisis

Greece's newly-elected prime minister Kyriakos Mitsotakis, waves as he walks shortly after his swearing-in ceremony at the Presidential Palace in Athens, Monday, July 8, 2019. Mitsotakis' New Democracy party won 39.8% of the vote, giving him 158 seats in the 300-member parliament, a comfortable governing majority. (AP Photo/Petros Giannakouris)
July 08, 2019 - 1:46 pm
ATHENS, Greece (AP) — The Latest on Greece's election of a new government (all times local): 11:20 p.m. Greece's bailout creditors have rejected a call by the country's new government to ease strict budget targets that were agreed to after Athens received billions in rescue loans. Eurogroup...
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A man walks past the Deutsche Bank sign in London, Monday, July, 8, 2019. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, saying it is going “back to our roots” with a radical restructuring plan meant to focus the company on traditional strengths.(AP Photo/Natasha Livingstone)
July 08, 2019 - 12:01 pm
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go "back to our roots" by...
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Greek opposition New Democracy conservative party leader Kyriakos Mitsotakis waves to his supporters after win in parliamentary elections at the New Democracy headquarters in Athens, on Sunday, July 7, 2019. Official results from nearly 60% of ballots counted showed the conservative New Democracy party of Kyriakos Mitsotakis winning comfortably with 39.7% compared to Tsipras' Syriza party with 31.5%. (AP Photo/Petros Giannakouris)
July 07, 2019 - 4:47 pm
ATHENS, Greece (AP) — Conservative opposition leader Kyriakos Mitsotakis comfortably won Greece's parliamentary elections Sunday, delivering a stinging blow to leftist Prime Minister Alexis Tsipras after a tumultuous four years in office as the country struggled through a crippling financial crisis...
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Greek opposition New Democracy conservative party leader Kyriakos Mitsotakis with his daughter Dafni arrive at the New Democracy headquarters in Athens, on Sunday, July 7, 2019. Exit polls in Greece's general election indicate conservative opposition leader Kyriakos Mitsotakis has won a comfortable victory over left-wing Prime Minsiter Alexis Tsipras. (AP Photo/Petros Giannakouris)
July 07, 2019 - 11:46 am
ATHENS, Greece (AP) — The Latest on Greece's parliamentary election (all times local): 9:35 p.m. Greek Prime Minister Alexis Tsipras has conceded his country's parliamentary election and said he phoned conservative opposition leader Kyriakos Mitsotakis to congratulate him on his victory. Official...
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July 06, 2019 - 2:18 am
ISTANBUL (AP) — Turkey's president has fired the central bank governor amid the country's economic downturn. Murat Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday. President Recep Tayyip Erdogan has the authority to make such appointments,...
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Supporter wave Greek flags as Greek opposition New Democracy party leader Kyriakos Mitsotakis, center, speaks during his main election campaign rally in Athens, in front of the ancient Acropolis hill, on Thursday, July 4, 2019. Greeks head to the polls in early general elections on Sunday, July 7. (AP Photo/Thanassis Stavrakis)
July 05, 2019 - 1:43 am
ATHENS, Greece (AP) — Greek voters appear set to defy a surge of support populist parties across Europe in a general election Sunday, with the pro-EU center-right opposition firmly in the lead. Left-wing Prime Minister Alexis Tsipras called the snap poll after being trounced in May's European...
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In this Friday, June 21, 2019 photo, Greek opposition New Democracy party leader Kyriakos Mitsotakis waves to his supporters after the presentation of his platform in Athens. Mitsotakis is maintaining an intense campaign timetable despite a strong lead in opinion polls ahead of a general election on Sunday July 7, 2019. (AP Photo/Thanassis Stavrakis)
July 04, 2019 - 4:18 am
LAVRIO, Greece (AP) — On an exhaustive tour of Greece's blue collar towns and city suburbs, Kyriakos Mitsotakis has a spring in his step — no wonder, he's the overwhelming favorite to become the country's next prime minister as the unlikely heir of a powerful political family. Arriving at Lavrio,...
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This June 21, 2019, photo shows a "now hiring" sign at a McDonald's restaurant in Moss Point, Miss. On Wednesday, July 3, payroll processor ADP reports how many jobs private employers added in June. (AP Photo/Rogelio V. Solis)
July 03, 2019 - 6:00 am
WASHINGTON (AP) — U.S. companies added just 102,000 jobs in June, a possible turning point that could signal a coming increase in the unemployment rate. Payroll processor ADP said Wednesday that the meager gains — after just 41,000 jobs were added in May — indicate a slowdown in the economy. The...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
July 03, 2019 - 4:36 am
LONDON (AP) — Britain's economy showed alarming signs of a sharp slowdown, possibly even into recession, as uncertainty over Brexit combines with a less benign global backdrop, according to a closely watched survey of business activity in the U.K. released Wednesday. The survey, from financial...
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FILE - In this Sunday, Dec. 18, 2016 file photo, Dubai Parks & Resorts celebrates it's opening ceremony with fireworks in Dubai, United Arab Emirates. The Dubai firm DXB Entertainments said Tuesday July 3, 2019, it will pay $7.5 million to Six Flags after abandoning plans to build a version of the U.S. amusement park in the emirates amid a slowdown in the economy. (AP Photo/Kamran Jebreili, File)
July 03, 2019 - 3:04 am
DUBAI, United Arab Emirates (AP) — A Dubai firm said Tuesday it will pay $7.5 million to Six Flags after abandoning plans to build a version of the U.S. amusement park in the United Arab Emirates amid a slowdown in the economy. DXB Entertainments, which runs Dubai Parks & Resorts, said it...
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