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Following conciliatory steps, Greek shares surge on hopes that debt deal with eurozone is near

  • Greek Prime Minister Alexis Tsipras takes his seat during a media conference after an EU summit in Brussels on Thursday, Feb. 12, 2015. European Union leaders on Thursday said the full respect of the planned weekend cease-fire in eastern Ukraine will be essential before there could be a change in the sanctions regime imposed on Moscow. (AP Photo/Geert Vanden Wijngaert)

    Greek Prime Minister Alexis Tsipras takes his seat during a media conference after an EU summit in Brussels on Thursday, Feb. 12, 2015. European Union leaders on Thursday said the full respect of the planned weekend cease-fire in eastern Ukraine will be essential before there could be a change in the sanctions regime imposed on Moscow. (AP Photo/Geert Vanden Wijngaert)  (The Associated Press)

  • Greek Prime Minister Alexis Tsipras pauses before answering questions during a media conference after an EU summit in Brussels on Thursday, Feb. 12, 2015. European Union leaders on Thursday said the full respect of the planned weekend cease-fire in eastern Ukraine will be essential before there could be a change in the sanctions regime imposed on Moscow. (AP Photo/Geert Vanden Wijngaert)

    Greek Prime Minister Alexis Tsipras pauses before answering questions during a media conference after an EU summit in Brussels on Thursday, Feb. 12, 2015. European Union leaders on Thursday said the full respect of the planned weekend cease-fire in eastern Ukraine will be essential before there could be a change in the sanctions regime imposed on Moscow. (AP Photo/Geert Vanden Wijngaert)  (The Associated Press)

Greek stocks are up strongly amid hopes that the new government is inching its way to a debt compromise deal with its creditors in the 19-country eurozone.

The main stock market in Athens is up around 6 percent in midday trading in Athens, with bank shares leading the charge.

Optimism rose over the prospects of a deal on Athens' demand to lighten the load of its bailout after European leaders took conciliatory steps at a summit in Brussels.

Greek Prime Minister Alexis Tsipras has agreed to allow government officials to start technical discussions with debt inspectors. The results will inform a meeting of the eurozone's finance ministers Monday.

Tsipras says a "mutually acceptable" deal is possible while German Chancellor Angela Merkel says her country is ready to compromise.