Along with countless others I have been trying to determine how I would replace Google Reader once Google announced that they are going to retire Reader. I have checked out a few alternatives but I wasn't really happy with any until I found InoReader in the Chrome Web Store. It has been available only a couple weeks.
It allows for login via Google or Facebook or through its own login process. And it does import Reader subscriptions.
You can also install a Subscribe button on your bookmarks bar to make it easy to add a new feed. It is tested mainly for compatibility with the Chrome browser.
It has the basics that I need. It is simple and easy to use and responsive. I have been using it for less than I week but I have no negatives to report to date so I plan to keep it.
If you would like to give it a test run, you can get it here.
InoReader from chrome web store