EUROPEAN UNION

Asian shares rose Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone debt crisis.

Greece's coalition parties must tell the European Union on Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens over implementing reforms.

Greece's coalition parties must tell the European Union by Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens over implementing reforms.

Greece's prime minister scrambled Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours remained to clinch a deal to avoid a messy default.

The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and international markets in one swoop.

Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF.

Greek Prime Minister Lucas Papademos faces the critical task of convincing international lenders and political-party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default.

The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday.

Iran's oil minister said the Islamic state would not retreat from its nuclear program even if its crude-oil exports grind to a halt, the official IRNA news agency reported on Saturday. But Rostam Qasemi also called on the European Union to review its recent decision to ban Iranian oil imports as of July 1.

Greece's government on Saturday struggled on in talks with lenders to secure a 130 billion euro ($171 bilion) bailout before turning to the trickier task of persuading political leaders to back the unpopular reforms involved in the rescue.

Hungary is seeking an international credit line of 15 billion to 20 billion euros ($20 billion to $26.3 billion), the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.

The organization that provides the world's banks with a system for moving money said on Friday it is working with officials in the European Union and the United States to address concerns about the services it provides to blacklisted Iranian banks.

Iran's Revolutionary Guard is beginning monthlong naval exercises near the Strait of Hormuz, the Persian Gulf oil-tanker route that Tehran has threatened to close in retaliation for sanctions recently imposed by the European Union and the United States.

The Irish Aid, a government oversees development body, had to take its Web site offline after it was hacked and several staff members' private information was posted under a 'Stop ACTA' banner.

European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said.

Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.

In some cases, gas supplies have been reduced by as much as 30 percent.

Anonymous published a 15 minute transcript from the call, which was between officers from both countries discussing how to prosecute the hacking collective and its members. In a Twitter posting the group gloated, The FBI might be curious how we're able to continuously read their internal comms for some time now, after it emerged members of Anonymous had managed to intercept an email between the FBI and British authorities listing a time and password for the sensitive conference call.

The money Malev owed was equal to its entire annual revenue.

European stocks were up around midday on Friday, hitting a six- month high as investors cheered data that hinted the euro zone may avoid slipping back into recession, eclipsing a disappointing start to the earnings season.

A group of European regulators has written to Google Inc calling on it to halt the introduction of its new privacy policy, saying it needs to investigate whether the proposals sufficiently protect users' personal data.