European shares lifted by gains in Germany and Greece

lunes 9 de mayo de 2016 12:39 GYT

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By Sudip Kar-Gupta

LONDON, May 9 (Reuters) - European shares rose on Monday, bouncing back after two weeks of losses and supported by gains in Germany and Greece, with the Athens market advancing on expectations of progress in tackling Greece's debt burden.

The pan-European FTSEurofirst 300 index rose 0.5 percent to 1,309.10 points, although it remains down 9 percent so far in 2016.

Germany's DAX outperformed with a 1.1 percent rise, as the International Monetary Fund (IMF) said it had become slightly more optimistic regarding the German economy.

The German government last month stuck to its forecast of 1.7 percent for this year, despite a slowdown in emerging markets, with strong domestic demand replacing exports as the main pillar of Europe's largest economy.   Continuación...