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  • 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...

  • ROME— Italy and Liechtenstein have signed an agreement to exchange financial information to crack down on tax evasion. The accord signed Thursday is similar to one inked between Italy and Switzerland earlier in the week and helps bring two countries known for banking secrecy into line with international standards. The agreement calls for Italy and...

  • *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...

  • 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...

  • DIARY-Top Economic Events to March 10 Wednesday, 25 Feb 2015 | 7:01 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the 2015 Banking Outlook Conference- 1800 GMT. LONDON- Federal Reserve Bank of Dallas President Richard Fisher gives a lecture on "Reflections on 10 Years at the Fed: Through the Financial Crisis" at event hosted by the...

  • LONDON, Feb 25- Ireland has no problem in principle with the idea of swapping Greece's official debt for growth-linked bonds but would have to see the details of any proposal, Finance Minister Michael Noonan said on Wednesday. Euro zone finance ministers agreed on Tuesday to a four-month extension of Greece's EU/IMF bailout programme, subject to its economic...

  • Germany's Merkel welcomes Greek bailout agreement Wednesday, 25 Feb 2015 | 8:45 AM ET

    BERLIN— German Chancellor Angela Merkel is welcoming an agreement on a four-month extension to Greece's financial bailout but says "a lot of work" remains ahead. Merkel said Wednesday she is glad Greece's eurozone partners have "found a starting point for negotiations with the new government." Key creditor Germany has insisted that aid must come with strings...

  • *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.

  • 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...