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An official at the European Union's executive branch said yesterday that the list of reform measures Greece has sent to its creditors in order to get final approval for a 4-month bailout extension "is sufficiently comprehensive to be a valid starting point."

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                    [Title] => Eurozone issues Greece an ultimatum; Athens hopeful of deal
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European creditors issued Greece with an ultimatum Monday, saying the country must accept a key condition in bailout talks by the end of the week or face having to meet its debt commitments on its own — a prospect that many in the financial markets think would leave Greece little option but to leave the euro.

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Germany bluntly rejected on Friday suggestions that Greece should be forgiven repayment of its rescue loans, while a top eurozone official said there was no decision yet on what to do after the country's bailout program runs out at the end of February.

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                    [Title] => Eurozone weighs future of Greek bailout
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Jeroen Dijsselbloem

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abtest

EU Commission welcomes Greek list as 'valid starting point'

By Lorne Cook and Raf Casert | February 25, 2015 - 3:26am

An official at the European Union's executive branch said yesterday that the list of reform measures Greece has sent to its creditors in order to get final approval for a 4-month bailout extension "is sufficiently...

World

Eurozone issues Greece an ultimatum; Athens hopeful of deal

By Pan Pylas and Lorne Cook | February 17, 2015 - 9:50am

European creditors issued Greece with an ultimatum Monday, saying the country must accept a key condition in bailout talks...

World

Germany rejects notion of Greek debt write-off

By Nicholas Paphitis and Frank Jordans | January 31, 2015 - 2:07am

Germany bluntly rejected on Friday suggestions that Greece should be forgiven repayment of its rescue loans, while a top eurozone...

Business

Eurozone weighs future of Greek bailout

By David Mchugh | December 9, 2014 - 3:00am

Eurozone finance ministers and Greek officials haggled yesterday over whether Athens needs to take more austerity measures before it emerges from its expiring bailout deal.

World

EU weighs options for common bank bailout fund

By Juergen Baetz | October 15, 2013 - 2:00am

Eurozone finance ministers on yesterday sought ways to create a common fund to restructure or bail out troubled banks, an effort to keep financial problems in one country from endangering the entire 17-nation currency...

World