European shares stabilise; energy stocks hurt by oil slump

miércoles 10 de diciembre de 2014 07:56 GYT

* FTSEurofirst 300 up 0.4 pct after a sharp 2-day drop

* Energy shares fall again as Brent falls toward $65

* Greek shares extend sell-off on political uncertainty

By Blaise Robinson and Alexandre Boksenbaum-Granier

PARIS, Dec 10 (Reuters) - European stocks rose in a technical bounce on Wednesday after sliding 3 percent slide over two days, although energy stocks dropped again as Brent crude fell toward $65 a barrel.

Greek shares featured among the top losers, with Athens' benchmark ATG shares index losing 1.5 percent, adding to a 13 percent slump on Tuesday on mounting worries over the country's political situation.

Investors have been rattled by a decision by the Greek government to bring forward to next week a presidential vote that will force nearly two dozen independent lawmakers to decide whether to side with Prime Minister Antonis Samaras' pro-bailout cabinet or with leftist radicals who have vowed to tear up the bailout.

If Samaras fails to secure victory for his presidential candidate, snap national elections could be called which the leftist Syriza party -- a fierce opponent of Greece's bailout deal with the European Union and IMF -- would likely win.

"Uncertainty in Greece over this vote is fuelling worries of a political gridlock. That said, it's excessive to think that this is a systemic risk, with the European Central Bank about to step up its asset-purchase programme," Barclays France director Franklin Pichard said.   Continuación...