European shares close at new seven-year high after Greek deal
(Updates prices at settle)
* FTSEurofirst 300 up 0.7 pct at new 7-yr high
* Market sentiment improves after Greek deal
* DAX off record high after Ifo miss
* Britain's FTSE lags after HSBC profit falls
By Francesco Canepa and Atul Prakash
LONDON, Feb 23 (Reuters) - European shares closed at a new seven-year high on Monday, boosted by a deal late on Friday to extend Greece's financial rescue package.
Britain's FTSE 100 index was the only major index to close lower, albeit only slightly, after HSBC reported a 17 percent drop in annual profit. The bank's shares fell 4.6 percent and weighed on peer Standard Chartered.
Investors in continental Europe were encouraged after Greece sealed a deal with euro zone partners to avoid a banking collapse by accepting a conditional extension of its bailout programme and agreeing to present a reform plan. Continuación...