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  • ATHENS, Greece— Greece's finance minister says the country's agreement with its European creditors to extend its international loan agreement by four months was intentionally vague to ensure the European countries that need to have it ratified by their parliaments would be able to do so. Yanis Varoufakis told Ant1 television Friday that the vagueness in...

  • *Greece faces 1.5 bln euro debt payment to IMF in March. *Pressure on Athens to quickly complete bailout review for aid. BRUSSELS/ ATHENS, Feb 27- Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks.

  • Diana Containerships meets 4Q profit forecasts Friday, 27 Feb 2015 | 8:16 AM ET

    ATHENS, Greece _ Diana Containerships Inc. on Friday reported fourth-quarter earnings of $869,000. On a per-share basis, the Athens, Greece- based company said it had net income of 1 cent. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share.

  • *Debate reflects breakdown in German trust in Greece. With Finance Minister Wolfgang Schaeuble promising not to let Greece "blackmail" its euro zone partners, 542 members of the Bundestag voted "yes" to the extension, while 32 opposed it and 13 abstained. The broader German population also grown more sceptical since Prime Minister Alexis Tsipras took power last...

  • BERLIN, Feb 27- Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised he would not let Greece "blackmail" its euro zone partners. "We Germans should do everything to keep Europe together as far as we can and bring it together again and...

  • ATHENS, Feb 27- Greece's economy contracted more than originally estimated in the last quarter of 2014 compared with the previous three-month period, a revised estimate by the ELSTAT statistics service showed on Friday. Athens and its EU/IMF lenders have projected growth of 0.6 percent for 2014 as a whole. Greece's economic boom of the early 2000 s ended with...

  • German parliament approves Greek bailout extension Friday, 27 Feb 2015 | 5:32 AM ET

    BERLIN, Feb 27- Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised it would not be allowed to "blackmail" its euro zone partners. With 542 lawmakers voting in favour, including almost all of. Chancellor Angela Merkel's right-left...

  • Safe Bulkers reports 4Q loss Friday, 27 Feb 2015 | 5:13 AM ET

    ATHENS, Greece _ Safe Bulkers Inc. on Thursday reported a fourth-quarter loss of $148,000, after reporting a profit in the same period a year earlier. The Athens, Greece- based company said it had a loss of 4 cents per share. For the year, the company reported profit of $14.6 million, or 6 cents per share.

  • BERLIN, Feb 27- German Finance Minister Wolfgang Schaeuble urged parliament on Friday to take what he acknowledged was a difficult decision and approve an extension of Greece's bailout, assuring them Athens would not be allowed to "blackmail" its euro zone partners. The 72- year-old minister, who has repeatedly voiced his own doubts about whether the new...

  • BERLIN, Feb 27- German Finance Minister Wolfgang Schaeuble urged parliament on Friday to take what he acknowledged was a difficult decision and approve an extension of Greece's bailout, assuring them Athens would not be allowed to "blackmail" its euro zone partners.

  • BERLIN— Germany's Parliament overwhelmingly approved the four-month extension of Greece's financial bailout on Friday, despite unease over the new government in Athens. Greece was granted the extension by its European creditors, ensuring it remains solvent and does not run the risk of falling out of the euro, but only in exchange for a commitment to budget...

  • *Charts show STOXX 600 strongly' overbought'. PARIS/ LONDON, Feb 26- A number of widely-followed market indicators are flashing red following record investment inflows into European equities ahead of the European Central Bank's quantitative easing programme. While none of the indicators is in itself a harbinger of a market fall, they signal investor...

  • StealthGas reports 4Q loss Thursday, 26 Feb 2015 | 10:01 AM ET

    ATHENS, Greece _ StealthGas Inc. on Thursday reported a fourth-quarter loss of $1.2 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 14 cents per share. StealthGas shares have decreased slightly more than 4 percent since the beginning of the year.

  • *Greece still faces risk of exit from euro zone. LONDON, Feb 26- The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner clients, particularly the smaller companies. Greece has secured an extension to its bailout from its European partners, but the danger of it...

  • LONDON, Feb 26- Italy sold debt at a record-low cost on Thursday and borrowing costs across the euro zone tumbled to new troughs as investors stocked up before the launch of the European Central Bank's sovereign bond-buying scheme in March. Ten-year yields in Germany, Ireland, Portugal, Italy, France, Austria, Finland and the Netherlands all hit lows- and...

  • *Consumer morale improve in Germany, France, Italy. FRANKFURT, Feb 26- Bank lending in the euro zone fell slightly in January but at a slower pace than a month earlier, suggesting the economy may be turning a corner as consumer morale picks up in the bloc's largest economies. European Central Bank President Mario Draghi said late on Wednesday that "all in all, the...

  • BERLIN, Feb 26- Germany's Wolfgang Schaeuble told a meeting of conservatives lawmakers on Thursday that recent remarks by the Greek finance minister had strained European solidarity and that a bailout extension for Athens could be ditched if the country failed to stick to its promises, according to participants. The German finance minister met lawmakers...

  • VIENNA, Feb 26- France sees itself as a link between Greece and its euro zone peers, Finance Minister Michel Sapin told an Austrian paper, reiterating his call for economic policies that can foster growth and boost ultra-low inflation in Europe. We cannot act as if nothing changed in Greece with the last elections, "he was quoted as saying by Der Standard in an...

  • BERLIN, Feb 26- An overwhelming majority of German Chancellor Angela Merkel's conservatives supported an extension of the Greek bailout in a test ballot on Thursday, one day before a vote in the Bundestag lower house of parliament, according to particpants. In total, there are 311 lawmakers in the bloc, which includes members of the chancellor's Christian...

  • These factors will lift European stocks  Thursday, 26 Feb 2015 | 12:41 AM ET

    Jeremy Stretch, head of FX Strategy at CIBC, says an improving growth picture and the launch of quantitative easing paint an optimistic scenario for European stock markets.