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  • Only German people understand us: Greek Fin Min  Wednesday, 25 Feb 2015 | 1:50 AM ET

    Greek Finance Minister, Yanis Varoufakis, says that after the "humiliation" of the First World War, Germans understand what the Greek people are going through with debt repayments and austerity.

  • Austerity vs reforms: Which matters more?  Wednesday, 25 Feb 2015 | 12:48 AM ET

    There are now more flexibility when it comes to austerity rules in Europe as countries realize the importance of structural reforms, says Christian Schulz, senior economist at Berenberg Bank.

  • SINGAPORE/ TOKYO, Feb 25- The dollar edged down against the yen on Wednesday after Federal Reserve Chair Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle. In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen said the Fed is preparing to consider interest rate hikes "on a...

  • A 'Grexit' is still possible, says this strategist  Tuesday, 24 Feb 2015 | 9:17 PM ET

    Keith Fitz-Gerald, chief investment strategist at Money Map Press, says a "Grexit" is still possible, which will see Europe disintegrating into "the haves and have nots", along with a bifurcation in markets.

  • TOKYO, Feb 25- The dollar edged down against the yen and euro early on Wednesday after Federal Reserve Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates. In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen avoided the word "patient" in describing the Fed's approach to raising...

  • Greek Fin Min: We're building trust with EU  Tuesday, 24 Feb 2015 | 6:47 PM ET

    Yanis Varoufakis, finance minister of Greece, responds to criticisms about Athens' reform proposals and says the four-month bailout extension will allow Greece to "reestablish bonds of trust" with its European partners.

  • Greece gets green light  Tuesday, 24 Feb 2015 | 1:11 PM ET

    Greece's reform plan got approved. Finance Minister Yanis Varoufakis spoke with CNBC.

  • *FTSE 100 hits record high above 1999 peak. PARIS, Feb 24- European stocks rallied on Tuesday, with both Britain's FTSE 100 and Germany's DAX hitting record highs, after U.S. Shares in National Bank of Greece, Alpha Bank, Bank of Piraeus and Eurobank surged 16-20 percent.

  • LONDON, Feb 24- Copper surged to a six-week high on Tuesday after the U.S. central bank chief said it was preparing to consider rate rises on a meeting-by-meeting basis, Greece secured a bailout extension and oil prices rebounded. Three-month copper on the London Metal Exchange jumped to a session peak of $5,846 a tonne, the strongest since Jan. 13, and closed 2...

  • *Germany's Schaeuble requests parliament vote to extend bailout. BRUSSELS/ BERLIN, Feb 24- Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget.

  • ATHENS, Feb 24- Greece expects to start discussions immediately with its EU/IMF partners on filling the state's funding gap, a finance ministry official said on Tuesday. Following interest payments this month of about 2 billion euros to private bondholders and official lenders, Greece must repay an International Monetary Fund loan of around 1.6 billion that...

  • *European Central Bank chief says reforms good start. FRANKFURT, Feb 24- The head of the European Central Bank welcomed Greece's reform plans on Tuesday but said he would keep a close watch on ideas that depart from previous pledges, underlining the need for Greece to stick to its commitments. In a letter to the chairman of the Eurogroup of finance ministers, Mario...

  • LONDON, Feb 24- Copper rose on Tuesday as investors were encouraged over Greece's bailout plan and as oil prices staged a rebound. Euro zone finance ministers approved Greece's reform plan, paving the way for a four-month extension of its financial rescue after Athens backed down on key leftist reforms. Also supporting the market was a rebound on oil markets,...

  • BRUSSELS/ BERLIN, Feb 24- Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget. Finance ministers sealed the decision in a one-hour telephone conference convened...

  • LONDON, Feb 24- With strong trade and banking links with Greece, Bulgaria and its Balkan neighbors remain highly vulnerable to the threat of Greek financial collapse, even though dependence is lower than it was a few years ago. while Bulgaria sends around 7 percent of its exports to Greece, this graphic shows: http://link.reuters.com/cek24w.

  • Feb 24- Greece's reform plan is sufficient to continue giving the country aid but is lacking necessary detail, International Monetary Fund Christine Lagarde said on Tuesday. In a letter to Eurogroup President Jeroen Dijsselbloem, Lagarde said the Greek list was comprehensive but "not very specific". "In some areas like combating tax evasion and corruption I am...

  • Rubenstein: Risks in Greece, Russia  Tuesday, 24 Feb 2015 | 9:00 AM ET

    David Rubenstein, Co-Founder and Co-CEO of The Carlyle Group, says as a place to invest in, Greece is "very risky". He added that he wouldn't invest in Russia -- pre- or post-sanctions.

  • Rubenstein on Greek bailout extension  Tuesday, 24 Feb 2015 | 9:00 AM ET

    Euro zone finance ministers have approved a four-month extension of Greece's bailout. David Rubenstein, Co-Founder and Co-CEO of The Carlyle Group, says negotiations will continue to happen for a long time, despite the extension.

  • Greek shares rally on bailout extension moves Tuesday, 24 Feb 2015 | 8:54 AM ET

    *Europe enjoys best earnings season in nearly four years. PARIS, Feb 24- Greek shares surged on Tuesday, outpacing modest gains in pan-European indexes after Athens delivered a list of economic reforms to the euro zone that it hopes will secure a four-month extension of its financial lifeline. Shares in National Bank of Greece were up 16 percent, Alpha Bank up 15...

  • BERLIN/ BRUSSELS, Feb 24- Greece was on course to win a four-month extension of its euro zone financial rescue on Tuesday after backing down further to its partners on key leftist reforms and promising that measures to alleviate social distress will not derail its budget. Eurogroup chairman Jeroen Dijsselbloem convened a telephone conference of finance...