Global shares jump on reports of eurozone debt deal

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Global shares jump on reports of eurozone debt deal

Message  AjayBaji le Jeu 21 Juil - 11:13:31

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Global stock markets have risen on reports that eurozone leaders have reached a provisional agreement on measures to tackle the eurozone debt crisis.

The draft includes the possibility of a Greek bond swap and a debt restructuring, reports suggest. A bank tax has not been included, they say.

The Milan stock exchange rose by 4% while the Spanish market gained 3%. US shares also opened sharply higher.

European banking shares led the way.

In Germany, Commerzbank climbed almost 9% and Deutsche Bank rose 3.6%, while in France Societe Generale and Credit Agricole gained about 6%.

And in the UK, Barclays rose almost 10%, while Lloyds Banking Group and Royal Bank of Scotland were up more than 7%.

AjayBaji

Messages : 23
Date d'inscription : 19/07/2011

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