European shares rallied again today as a debt deal between Athens and its creditors moved closer and the eurozone’s economy showed signs of “weathering the Greek storm”. The latest boost for equity markets comes with European ministers set to approve reform proposals from Greek prime minister Alex Tsipras on Thursday, enabling the stricken nation to gain €7.2 billion (£5.12 billion) in bailout funds and avoid a potentially disastrous default. Main indices in France, Germany Italy and Spain showed fresh gains of up to 1% following strong rises on Monday, while Greek stocks followed their stellar 9% surge yesterday with another 3% rise today. There was further encouragement for the...
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