European shares rose on Monday, with Germany's share index
hitting a new all-time high and Britain's FTSE trading just below a
record peak after eurozone negotiators agreed to extend Greece's
financial rescue package.
Athens clinched a deal on Friday to
avoid a banking collapse by accepting a conditional extension of its
bailout programme.
The accord requires Greece to submit by Monday a letter to the Eurogroup listing all the policy measures it plans to take during the remainder of the bailout period.
Britain's FTSE 100 index rose 0.2% to 6 931.21 points by 10:07 after, not far from its record peak of 6 950.60 scaled in late 1999.
Germany's DAX was up 0.8% at 11 139.20 points after rising to 11 158.55 - its highest ever level, while the pan-European FTSEurofirst 300 index was up 0.5% at 1 533.12 points.
The accord requires Greece to submit by Monday a letter to the Eurogroup listing all the policy measures it plans to take during the remainder of the bailout period.
Britain's FTSE 100 index rose 0.2% to 6 931.21 points by 10:07 after, not far from its record peak of 6 950.60 scaled in late 1999.
Germany's DAX was up 0.8% at 11 139.20 points after rising to 11 158.55 - its highest ever level, while the pan-European FTSEurofirst 300 index was up 0.5% at 1 533.12 points.
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