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  • Athens clinched a last-minute deal late on Friday to avoid a banking collapse by accepting a conditional extension of its bailout programme. If the European Commission, the European Central Bank and the International Monetary Fund are satisfied, the Eurogroup is likely to endorse the list in a teleconference without the need for a formal meeting.

  • *Tsipras says Greece leaving austerity, bailouts and troika. *Greece had faced financial collapse next week- Noonan. *Huge bank withdrawals put pressure on Athens for deal.

  • *Economy and government "weren't strangled"- Athens. ATHENS/ BRUSSELS, Feb 21- Greece's left-wing government insisted on Saturday it had avoided being "strangled" by the euro zone, which agreed in principle to extend a financial rescue deal as nervous savers pulled huge sums from Greek banks. Athens said the deal struck late on Friday in Brussels should calm Greeks...

  • *Athens forced to climb down and accept strict oversight. BRUSSELS, Feb 20- Euro zone finance ministers agreed in principle on Friday to extend Greece's financial rescue by four months, averting a potential cash crunch in March that could have forced the country out of the currency area. The deal, to be ratified once Greece's creditors are satisfied with a list of...

  • BRUSSELS— Eurozone's top official: Greece's loans extended 4 months, with more structural reforms.

  • BUSINESS-NEWS-SCHEDULE AT 1930 GMT / 2:30 p.m. ET Friday, 20 Feb 2015 | 3:01 PM ET

    No deal yet in U.S. West Coast port dispute. SAN FRANCISCO- Shipping executives and union leaders for dockworkers at 29 U.S. West Coast ports remain locked in a dispute as talks, brokered by the U.S. labor secretary, head into a fourth straight day. WASHINGTON- The Obama administration says it will create a special enrollment period for tax filers who were unaware...

  • BRUSSELS, Feb 20- Euro zone finance ministers reached an agreement on Friday to extend heavily indebted Greece's financial rescue by four months, officials on both sides said. An agreement removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area. European Union paymaster Germany, Greece's...

  • BRUSSELS— Eurozone's top official: Greece commits to avoid unilateral actions that might affect budget.

  • *Der Spiegel says ECB making contingency plans for Grexit. BRUSSELS, Feb 20- Euro zone finance ministers drafted an outline agreement on Friday that could form the basis for extending Greece's financial rescue package, officials on both sides said. European Union paymaster Germany, Greece's biggest creditor, had demanded "significant improvements" in reform...

  • TREASURIES-Prices gain as Greek debt drama continues Friday, 20 Feb 2015 | 11:21 AM ET

    *Greece bailout talks underway in Brussels. Treasury debt prices rose on Friday, boosted by safe-haven buying as investors worried about continued bargaining between Greece and other euro zone countries over a bailout. "You have some weight from oil prices but the question is Greece."

  • NEW YORK— A deal giving Greece more time to repay its debts swung the U.S. stock market higher Friday and drove the stock market to a record high. "It's good this didn't go down to the wire to get resolved," said Paul Christopher, head of international strategy at Wells Fargo. But as rumors and news came out that Greece and its creditors were close to a deal, the market...

  • *Greece could run out of money by end of March. BRUSSELS/ ATHENS, Feb 20- Greece's leftist prime minister said on Friday he was certain euro zone finance ministers would accept Athens' request for an extended loan but Germany demanded "significant improvements" in Greek reform commitments. German Chancellor Angela Merkel, speaking after talks in Paris, said all EU...

  • NICOSIA, Cyprus— The longer it takes to secure a deal to keep Greece in the euro, the greater the risk the country will have to put its financial system in lockdown to prevent worried savers from pulling money out in droves. For now, the European Central Bank is propping up the Greek banks with emergency cash, keeping alive hopes that the lenders will not collapse.

  • FOREX-Euro falls before Greek talks Friday, 20 Feb 2015 | 9:47 AM ET

    NEW YORK, Feb 20- The euro fell against the U.S. dollar for a third consecutive session on Friday as traders remained cautious before a meeting later in the day on Greece's request for a six-month loan extension. Greece's EU/IMF bailout program expires on Feb. 28, and Greek Prime Minister Alexis Tsipras, who won power promising to ditch the bailout, needs to secure a...

  • US STOCKS-Futures point to slight dip at the open Friday, 20 Feb 2015 | 9:07 AM ET

    *Investors look for signs of progress with Greece deal. NEW YORK, Feb 20- U.S. stock index futures pointed to slight losses at the open on Friday amid uncertainty over ongoing negotiations for a debt deal in Greece. While the start of an emergency meeting of the 19- nation Eurogroup in Brussels was postponed to allow more time for preparatory talks, the new prime...

  • *Greece could run out of money by end of March. BRUSSELS/ ATHENS, Feb 20- Greece's new prime minister said on Friday he was certain euro zone finance ministers would accept Athens' request for an extended loan as EU paymaster Germany softened its hostile tone. Berlin and other euro zone hawks want guarantees that Greece will fulfil strict conditions in its...

  • LONDON, Feb 20- European share markets hovered near seven-year highs on Friday as investors grew more confident that euro zone finance ministers would reach a deal that would allow Greece to receive funding and stay in the euro zone. Germany rejected that plan but appears to have softened its stance, with a spokeswoman saying the talks "would hopefully lead to an...

  • *Gold down nearly 2 pct for the week. *China holiday thins liquidity in Asia. LONDON, Feb 20- Gold rebounded and world shares weakened on Friday before a meeting of euro zone finance ministers that could put Greece on its way to exiting the bloc, but prices were still headed for their fourth straight weekly drop.

  • BRUSSELS, Feb 20- The European Union will consider "reframing" energy relations with Russia based on market conditions when the time is right and for now will focus on its strategic gas partnership with Ukraine, a draft document shows. Russia's long-standing energy relations with the EU and Ukraine, the main transit route for Russian gas to the EU, have...

  • ROME, Feb 20- The European Union's biggest countries may be prepared to see Greece leave the euro zone due to growing impatience with its new government's debt demands, Maltese Finance Minister Edward Scicluna told the weekly Malta Today. "I think they've now reached a point where they will tell Greece' If you really want to leave, leave'," Scicluna told the newspaper.