By Carla Mozee, MarketWatch

FTSE moves further into record territory

LONDON (MarketWatch) -- European stocks edged up Friday, moving toward a weekly gain, with Greek equities bumped solidly higher as officials said they're drawing up another plan for economic reforms.

The Stoxx Europe 600 rose 0.1% to 401.09, nudging toward a weekly advance of 1.1%. That would mark a seventh straight week of gains, the longest winning streak since an eight-week run in mid-2014.

Greek shares gained, with the Athex Composite up 2.6% to 742.56 as Greece's Prime Minister Alex Tsipras said a revamped list of Greek economic-reform proposals (http://www.marketwatch.com/story/greece-will-toughen-up-reforms-stick-to-agreed-plan-merkel-2015-03-20) will be sent to European officials within days. Greece last month agreed to a four-month extension of the country's 240-billion-euros ($256 billion) bailout, but progress on necessary reforms has been slow and Greece is still tussling with its creditors.

German Chancellor Angela Merkel said the new list of proposals needs to stretch beyond the previous suggested measures. Merkel and Tsipras were slated to meet in Berlin on Monday.

On the Athex, Attica Bank SA shares jumped 8%, National Bank of Greece SA rose 6.9% and Piraeus Bank SA gained 6.6%.

Germany's DAX 30 rose 0.5% to 11,963.60, as shares of Lanxess AG topped advancers by rising 1.5%. The DAX was looking at its first win after three sessions of declines, and was on track for a weekly gain of 0.6%.

France's CAC 40 was up 0.1% to 5,043.74, and the U.K.'s FTSE 100 (http://www.marketwatch.com/story/ftse-100-edges-up-but-on-track-for-best-week-in-two-months-2015-03-20) clung to a gain of 3 points at 6,965.37, enough to put it in record-high territory.

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