Greece

KEEPING SCORE: France's CAC 40 added 1.9 percent to 4,998.33 and Germany's DAX rose 1.3 percent to 11,457.69. Britain's FTSE 100 edged up 0.8 percent to 6,723.91. U.S. shares were set to open higher. Dow and S&P 500 futures both rose 0.7 percent.

A statement from the summit of euro leaders says these "minimum requirements" do not guarantee a successful result for the bailout negotiations.

Here is a look at what Greece must do:

— Request continued support from the International Monetary Fund after its current IMF program expires in early 2016.

— Streamline consumer tax and broaden the tax base to increase revenue. Laws on this are due by Wednesday.

The terms of the deal, however, will be painful both for Greeks and their radical left-led government, which since its election in January had vowed to stand up to the creditors and reject the budget cuts they have been demanding.

Before it can get 85 billion euros ($95.07 billion) in bailout cash and support for its banks to reopen, the Greek government will have to pass a raft of austerity measures that include sales tax increases, reforms to pensions, and labour market reforms.

Facing a self-imposed Sunday deadline, the European nations using the shared euro currency were still seeking more proof from Greek Prime Minister Alexis Tsipras that he could be fully trusted to enact wide-ranging economic reforms to safeguard Greece's future in the common currency.

European markets also rose sharply. China's stock market climbed for a second day, reversing course after a monthlong slump.

The Dow Jones industrial average gained 211 points, or 1.2 percent, to 17,760 Friday.

The Standard & Poor's 500 index increased 25 points, or 1.2 percent, to 2,076. The Nasdaq composite climbed 75 points, or 1.5 percent, to 4,997.

The gains were broad. Four stocks rose for every one that fell on the New York Stock Exchange.

Airline stocks rallied. American Airlines rose 4 percent and Delta Air Lines gained 5 percent.

The government has asked for parliament's approval to use the Greek proposals sent to creditors Thursday as the basis for negotiations with the creditors due to start Saturday. The vote is expected sometime overnight Friday.

Varoufakis tweeted that he would be spending the weekend with his daughter before she returns to Australia, where she lives. He sent parliament a letter saying he was voting in favor of the motion.

European markets rose sharply on Friday. China's stock indexes climbed for a second day, reversing course after a monthlong slump.

The Dow Jones industrial average gained 212 points, or 1.2 percent, to 17,759.

The Standard & Poor's 500 index increased 23 points, or 1.1 percent, to 2,074 and the Nasdaq composite climbed 56 points, or 1.2 percent, to 4,979.

European markets closed with bigger gains on Thursday. Chinese stocks rose sharply overnight after the government's latest efforts to halt a plunge.

Measures taken by the Chinese government to stem the rout in that nation's stock market also appeared to be working.

KEEPING SCORE: The Standard & Poor's 500 index increased 23 points, or 1.2 percent, to 2,074. The Dow Jones industrial average rose 213 points, or 1.2 percent, to 17,727.77 as of 10:04 a.m. Eastern time. The Nasdaq composite gained 71 points, or 1.4 percent, to 4,909.

In a joint letter to the government Wednesday, five associations urge Prime Minister Alexis Tsipras not to risk the country's place in the euro.