A man feeds pigeons in front of the parliament building in Athens, February 23, 2015. REUTERS/Alkis Konstantinidis
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BERLIN/BRUSSELS:Greece's new leftist-led government climbed down further to eurozone creditors on its plans to halt privatizations, boost welfare and raise the minimum wage as markets rallied on the prospect of a four-month extension of its financial rescue.Greek financial markets, which reopened for the first time since Friday's outline deal between Varoufakis and eurozone finance ministers, surged on relief that the country had been pulled back from the brink of a potential banking collapse and possible state bankruptcy.Dijsselbloem, who is also Dutch finance minister, told the European Parliament the Greek reform list was just a first step and it would take time to go into detail.A Greek exit from the eurozone had not been discussed and was not on the table, Dijsselbloem said, adding that the only government that had held a meeting to prepare for a possible "Grexit" was in non-euro Britain.In EU paymaster Germany, Finance Minister Wolfgang Schaeuble, who took the toughest line in the Greek negotiations, wrote to the speaker of the lower house of parliament requesting a vote this week on extending the bailout.
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