Pages

Wednesday, February 18, 2015

Stock markets soar on Greek bailout hopes

Prospect of Greek debt breakthrough and recovery in oil prices power FTSE 100 to 15-year highThe UK stock market has risen to a 15-year high and is poised to smash the record set during the 1999 dotcom boom, buoyed by hopes that Greece will reach a breakthrough with its creditors.A Greek government spokesman said on Wednesday Athens would request an extension of its bailout, which expires in 10 days. This will fuel speculation over whether Jeroen Dijsselbloem will call another emergency Eurogroup meeting on Friday to consider the plan. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com