UPDATE 1-European shares rebound on prospect of Greek creditor accord
* Pan-European FTSEurofirst 300 index gains 1.3 pct
* Generali rises on higher dividend expectations
* Nokia up 3.6 percent on acquisition plans (Updates prices at settle)
By Liisa Tuhkanen and Atul Prakash
LONDON, May 27 (Reuters) - European shares rebounded on Wednesday from a one-week low the day before, supported by the prospect of an accord between Greece and its creditors.
The FTSEurofirst 300 index of top European shares closed 1.3 percent up at 1,622.96 points, a rebound that accelerated on reports of staff-level agreement between Greece and its creditors, traders said.
But European Commission Vice President Valdis Dombrovskis said Greece and its international creditors were not yet at the point of drafting an agreement.
"It clearly shows that the markets have got a reaction on all these occasions as they'd like to see a deal, a continuation of the euro zone as a whole," said IG analyst Chris Beauchamp.
"But you shouldn't really believe anything until the deal is officially on the table and the ink is dry. Until you reach that point, everything is just up in the air as it has been." Continuación...