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  • 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...

  • *Brussels agrees to delay, Athens gives no reason. *Veteran leftist Glezos denounces Brussels deal. Germany, the biggest contributor to Greece's two bailouts totalling 240 billion euros, insisted earlier that any extra spending on Athens's list of reforms had to be offset by savings or higher taxes.

  • 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...

  • NEW YORK, Feb 23- U.S. stocks edged lower in morning trading Monday amid weakness in oil prices, after a conditional agreement by euro zone finance ministers to extend Greece's bailout sent the Dow and S&P to record levels last week. Investors were also reluctant to make big bets before Federal Reserve Chair Janet Yellen's semiannual testimony on the economy and...

  • Greeks have legitimate case: Pro  Monday, 23 Feb 2015 | 10:30 AM ET

    Charles Dallara, Partners Group vice chair, expects volatility in regards to Greece for a while.

  • NEW YORK, Feb 23- U.S. stocks were poised to open modestly lower on Monday, after the Dow and S&P closed at records on the heels of an agreement by euro zone finance ministers to extend Greece's bailout by four months provided it draws up a list of reforms. Greece will present its economic reform plans on Monday to seal the euro zone financial lifeline, but the...

  • NEW YORK, Feb 23- U.S. stock index futures dipped on Monday, after the Dow and S&P closed at records on the heels of an agreement by euro zone finance ministers to extend Greece's bailout by four months provided it draws up a list of reforms. *Greece will present its economic reform plans on Monday to seal the euro zone financial lifeline, but the government drew...

  • *Reforms will crackdown on tax evasion- Athens. Germany, the biggest contributor to Greece's two bailouts totalling 240 billion euro, said any extra spending on Athens' list of reforms had to be offset by savings or higher taxes. After a climbdown in Brussels to win the conditional four-month agreement, the government of Prime Minister Alexis Tsipras declared...

  • 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.

  • Greece: 'Tough work is still ahead'  Monday, 23 Feb 2015 | 5:00 AM ET

    Discussing the Greek debt negotiations, Anthony Chan, chief economist and managing director at Chase, says that the four-month bailout extension means only "breathing" space for Greece and there is a lot of "tough work" still ahead.

  • TOKYO— Asian stock markets were mostly higher Monday after Greece and its European creditors reached an agreement that staved off the immediate threat of bankruptcy and exit from the euro though hurdles remain to cementing the short-term funding deal. KEEPING SCORE: Japan's benchmark Nikkei 225 stock index gained 0.8 percent to 18,481.19 and South Korea's...

  • BUSINESS-NEWS-SCHEDULE AT 2100 GMT / 4:00 p.m. ET Sunday, 22 Feb 2015 | 4:30 PM ET

    ATHENS- Greece's government prepares reform measures to secure a financial lifeline from the euro zone, but is attacked for selling "illusions" to voters after failing to keep a promise to extract the country from its international bailout. The story of how Greece's charismatic new minister failed during often chaotic negotiations to break German...

  • Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout program on Friday on terms its government was just elected to get out of. More than that, the confusion officials recounted from behind the scenes left mutual...

  • Greece set to send draft reform promises to EU Sunday, 22 Feb 2015 | 9:50 AM ET
    Greek Prime Minister Alexis Tsipras.

    Reforms would meet conditions laid out in Friday's eleventh-hour deal to extend for four months the country's rescue program.

  • *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.

  • *Greece faces negotiating third bailout. ATHENS, Feb 22- Greece's government prepared reform measures on Sunday to secure a financial lifeline from the euro zone, but was attacked for selling "illusions" to voters after failing to keep a promise to extract the country from its international bailout. Leftist Prime Minister Alexis Tsipras has insisted Greece...

  • *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.