European Commission President JeanClaude Juncker said Greeces new proposals were a sign of progress but warned that we are not yet there The official who spoke only on condition of anonymity because the decision had not been made public said the ECB remains on call in the coming hours and days to revise the amount of credit to Greek banks Reports indicate Greeks withdrew about euros last week Japan sent many of its top professional baseball players to Beijing Organizers were eager to pick sports that have an appeal with youth and wouldnt require the building of new facilities Tokyo organizers have been looking for ways to reduce costs
European Union leaders have a twoday summit starting Thursday and hopes are a full agreement can be reached then Jeroen Dijsselbloem the Dutchman who heads the eurozone finance minister meetings said negotiators would be using proposals made this weekend by Greek Prime Minister Alexis Tsipras as a basis for further talks Its an opportunity to get that deal this week he said European Commission President JeanClaude Juncker said Greeces new proposals were a sign of progress but warned that we are not yet there ek government over the weekend would pave the way for a deal Those gains faded somewhat as it became clear that a deal would have to wait a little longer yet After trading percent higher earlier the main Greek stock index was up about percent The Stoxx index of major European shares was up percent European Union leaders have a twoday summit starting Thursday and hopes are a full agreement can be reached then Jeroen Dijsselbloem the Dutchman who heads the eurozone finance minister meetings said negotiators would be using proposals made this weekend by Greek Prime Minister Alexis Tsipras as a basis for further talks Its an opportunity to get that deal this week he said
All of the sports making the short list have applied for Olympic inclusion in the past some multiple times In squash and baseballsoftball lost out to wrestling in the most recent IOC vote for inclusion on the Tokyo program Fujio Mitarai who chaired the selection panel said two factors were key in selecting events such as surfing and roller sports which will include skateboarding The most important factors were Does the sport have the support of the younger generation and how big is the population of the sport worldwide Mitarai said Existing Home Sales Jump to Year High in May US home resales surged to a year high in May as firsttime buyers piled into the market the latest indication that housing and overall economic activity were gathering steam in the second quarter The�National Association of Realtors�said on Monday existing home sales increased percent to an annual rate of units the highest level since November The increase unwound Aprils surprise drop in purchases which economists had dismissed as a blip given that forwardlooking indicators on home sales including mortgage applications had been fairly strong during that period The Realtors group revised Aprils sales pace up to units from the previously reported units Economists polled by Reuters had forecast home resales rising to a unit pace last month Firsttime buyers accounted for percent of transactions the largest share since September Mays sturdy home sales report added to last weeks data on building permits in portraying an upbeat picture of the housing market It joined strong retail sales consumer sentiment and employment data reports in suggesting a building up of momentum in the economy after output contracted at the start of the year Reporting by Lucia Mutikani Editing by Andrea Ricci
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