European shares gain after ECB boost, led by Greek stocks

viernes 23 de enero de 2015 13:49 GYT

* FTSEurofirst 300 rises 1.8 pct, reaches seven-year high

* Athens index rises ahead of vote, led by banks

* European shares enjoy best week since 2011

* Cyclical stocks such as carmakers among top gainers (Updates with closing prices)

By Alistair Smout

LONDON, Jan 23 (Reuters) - European stock markets rose on Friday after the European Central Bank's decision to buy government bonds, with Greek shares leading the gains before the country's election on Sunday.

European shares posted their biggest weekly gain in more than three years as investors cheered the quantitative easing programme the ECB announced on Thursday.

The bond-buying plan helped Greece's ATG share index rise 6.1 percent. Attica Bank, National Bank of Greece and Piraeus Bank gained 14 to 8 percent.

The anti-bailout party Syriza is leading in opinion polls before Greece's election on Sunday. But traders are starting to see a greater chance that Syriza will reach a compromise with Greece's official lenders if it gains power.   Continuación...