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  • 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,...

  • 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...

  • MADRID— Spain's economy will grow by more than previously thought this year, the prime minister said Tuesday, as he laid out the credentials of his conservative government prior to elections later this year. Mariano Rajoy said Spain had moved from the edge of the abyss to being the eurozone country with the highest growth and job creation. Socialist party leader...

  • 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...

  • LONDON, Feb 24- Portugal's government debt market is likely to benefit more than any other in the euro zone from the European Central Bank's bond-buying programme that starts next month. While Portugal's total debt is one of the highest in the bloc, having been bailed out by the International Monetary Fund and the European Union during the debt crisis, its stock...

  • Greek shares rally on bailout extension expectations Tuesday, 24 Feb 2015 | 7:01 AM ET

    *Europe enjoys best earnings season in nearly 4 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. Volatile Greek banking stocks were the top gainers across Europe, with...

  • Eurogroup conference call on Greece to start 1300 GMT Tuesday, 24 Feb 2015 | 5:56 AM ET

    Feb 24- Euro zone finance ministers will hold a teleconference call on Greece's reform plans and a four-month extension of its bailout from 1300 GMT on Monday, Eurogroup chairman Jeroen Dijsselbloem said.

  • BRUSSELS— Greece cleared a major hurdle Tuesday in its ongoing battle to remain solvent as its European creditors approved a 4- month extension to its financial bailout— but the cash-strapped country has much more to do to convince its partners that it deserves longer-term help beyond the summer. The country's creditors in the 19- country eurozone endorsed...

  • BRUSSELS, Feb 24- Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight that was "a valid starting point" for talks over its bailout, a source close to the European Commission said on Tuesday. Greece needed to present its plans as a condition for extending its bailout program for an additional...

  • BRUSSELS, Feb 24- Greece has sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight, a source close to the European Commission said on Tuesday. Greece needed to present its plans as a condition for extending its bailout programme for an additional four months, in a deal struck with euro zone partners on...

  • ATHENS, Feb 23- Greece will send its economic reform plans to euro zone finance ministers on Tuesday morning, a government official said, missing a Monday deadline for submitting the list which is a condition for extending the country's bailout program. The government of Prime Minister Alexis Tsipras staged a climbdown in Brussels on Friday to win the...

  • ATHENS, Feb 23- Greece will submit a list of reforms to the Eurogroup of euro zone finance ministers on Tuesday morning, a Greek government official said on Monday. The Eurogroup had set a Monday deadline for Athens to supply the list, which is a condition for securing a four-month extension to the country's bailout programme. The list would include measures to...

  • ROME— Italy and Switzerland have signed an accord ending Swiss banking secrecy. Italy hopes the arrangement will help it fight tax evasion. Premier Matteo Renzi says the accord means "billions of euros" will return to Italy in tax revenues.

  • Greece readies new list of bailout reforms Monday, 23 Feb 2015 | 6:14 AM ET

    ATHENS, Greece— Caught between its own defiant campaign pledges and pressure from creditors, Greece's left-wing government is due to propose a list of reforms to debt inspectors late Monday to get final approval for an extension to its rescue loans. In return, Greece would have to commit to budget measures meant to keep a lid on debts and improve the economy.

  • *Germany gets its way in bailout clash with Greece. The bailout extension deal that Germany and its European partners clinched with Greece on Friday after weeks of public jousting between the countries had a similar feel. Their pledge to roll back German-ordered austerity and keep Greece in the euro always looked unrealistic.

  • After often ill-tempered negotiations, Greece secured late on Friday a four-month extension to euro zone funding, which will avert bankruptcy and a euro exit, provided it comes up with promises of economic reforms by Monday. Tsipras and his Syriza party won power last month on promises to end Greece's EU/IMF bailout programme and end cooperation with the...

  • TREASURIES-Prices fall after Greek bailout agreement Friday, 20 Feb 2015 | 4:49 PM ET

    NEW YORK, Feb 20- U.S. Treasury debt prices fell in seesaw trade on Friday, with benchmark 10- year yields rising for a third straight week, as investors shifted away from safe-haven assets after euro zone negotiators agreed to extend Greece's bailout. The deal extends heavily indebted Greece's financial rescue by four months and removes the risk of Greece...

  • *Euro gains as euro zone extend Greece's rescue package. NEW YORK, Feb 20- The euro gained against the U.S. dollar on Friday after euro zone ministers agreed to extend Greece's financial rescue package by four months. European Union paymaster Germany, Greece's biggest creditor, had demanded "significant improvements" in reform commitments by Athens before it...

  • ATHENS, Feb 20- Greek bank deposit outflows accelerated to a total of over 1 billion euros over the past two days, three senior banking sources told Reuters on Friday, little more than a week before the country's EU/IMF bailout deal is due to expire. With Athens struggling to secure a new funding deal with the euro zone before the bailout expires on Feb. 28, Greeks are...

  • BRUSSELS— Following weeks of recrimination and distrust, Greece and its creditors in the 19- nation eurozone reached an agreement Friday on extending the country's rescue loans, a move that should dramatically ease concerns it was heading for the euro exit as soon as next month. The agreement, which looked a long way off Thursday when one German official...