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Austrian FinMin: Time for Greece to end debt standoff, but no Plan B yet

There is still time for Greece to end a debt standoff with its European partners, though no Plan B is in the offing, Austria's finance minister said, adding that Athens must honor the terms of its bailout package.

A showdown in Brussels looms this week as Greece's new leftist government tries to cancel a deeply unpopular bailout program with international creditors.

Europe stocks little changed as investors await Greek debt talks

European stocks were little changed before a meeting between Greek Finance Minister Yanis Varoufakis and his euro-area counterparts in Brussels.

The Stoxx Europe 600 Index dropped 0.1 percent to 372.56 at 8:07 a.m. in London. Stocks climbed Tuesday amid investor optimism that Greece can reach an agreement on new bailout terms with its euro-region creditors.

Greece's new government wins confidence vote in parliament

Greece's SYRIZA-led government has won a confidence vote in Parliament, ahead of high-stakes talks in Brussels with bailout creditors.

Lawmakers voted 162-137 for Prime Minister Alexis Tsipras' government, elected on January 25 on a platform pledging to radically overhaul austerity in the financially struggling country.

Tsipras: Greece 'cannot return to age of bailouts, submission'

Greece's prime minister Alexis Tsipras said Tuesday that the country "cannot return to an age of bailouts and suppression," ahead of critical talks with Athens's EU creditors.

"There is no return," he said in a speech to parliament the day before Greece presents a proposal for a new reform deal at an extraordinary meeting of eurozone foreign ministers in Brussels. [AFP]

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