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Athens (AFP) - 09:33 GMT - New proposals - Eurogroup ministers expect 'new proposals' from Greece in Tuesday talks, while Spain says it is open to negotiating new bailout for Greece. 09:23 GMT - Eurosceptics rejoice - The resounding "No" from Greece on Sunday in a vote ostensibily about more austerity, but seen by many as a vote on Greek sovereignty over European Union diktat, has been seized upon by eurosceptic politicians. It's fantastic to see the courage of the Greek people in the face of political and economic bullying from Brussels," tweeted Nigel Farage, the head of Britain's UK Independence Party, which wants Britain out of the EU.
By Samuel Shen SHANGHAI (Reuters) - Chinese stocks rose on Monday, as an unprecedented series of support measures unleashed by Beijing brought some relief to a market whose headlong slide over the past three weeks had raised fears about the stability of the world's second-biggest economy. In an extraordinary weekend of policy moves, brokerages and fund managers vowed to buy massive amounts of stocks, helped by China's state-backed margin finance company, which in turn would be aided by a direct line of liquidity from the central bank. Oliver Barron, China policy research analyst at NSBO, said it wasn't just faith in the markets at stake after investors had ignored official measures to prop up equities as indexes slid around 12 percent last week.