Greek hopes lift European shares to one-week high

lunes 22 de junio de 2015 04:20 GYT

* FTSEurofirst 300 up 1.9 pct, volatility sinks

* C.Suisse: 75 pct chance of a deal on Monday

* Telecoms outperform after Bouygues approach

* Greek shares up 6.8 pct

By Lionel Laurent

LONDON, June 22 (Reuters) - European shares hit their highest level in over a week on Monday as a glimmer of hope emerged for some progress on Greece's debt crisis after months of wrangling with international creditors.

Blue-chip indexes in London, Paris and Frankfurt were all up between 1.4 and 2.8 percent at 0752 GMT, with the telecoms sector outperforming after a takeover bid for France's Bouygues Telecom reignited hopes for more corporate deals.

Athens' standoff with international creditors has weighed on markets in recent months, rubbing the shine off European stocks after a rally driven by the European Central Bank's pledge to buy bonds to revive economic growth.

The pan-European FTSEurofirst 300 index was up 1.9 percent. The VSTOXX measure of European stock-market volatility slumped to its lowest level in 10 days.   Continuación...