European stocks driven back by Greek worries, weak corporate results

martes 27 de enero de 2015 10:36 GYT

* FTSEurofirst 300 slips back after eight-day rise

* Greek stock market underperforms for second day

* Greek banking index hits record low

* Ericsson and Philips fall after weak updates

* Swiss stock market rises on SNB intervention talk

By Sudip Kar-Gupta

LONDON, Jan 27 (Reuters) - Renewed concern over Greece and weak results at companies such as Siemens and Philips halted a winning run on European stock markets on Tuesday.

The pan-European FTSEurofirst 300 index, which had risen for the past eight sessions, retreated 1 percent to 1,473.54 points going into the close of the trading day.

The euro zone's blue-chip Euro STOXX 50 index also declined 1.4 percent after a similar eight-day winning streak. Those gains were ignited by the European Central Bank's plans to buy government bonds to spur growth in the struggling euro zone economy.   Continuación...