European shares stabilise, with focus on Greek summit

martes 7 de julio de 2015 04:21 GYT

* FTSEurofirst 300 up 0.2 pct, Euro STOXX 50 up 0.3 pct

* Sunday vote makes Greece more likely to leave the euro - banks

* ProSiebenSat1, Axel Springer rally on merger chatter

* Technip slumps following restructuring announcement

By Alistair Smout

LONDON, July 7 (Reuters) - European shares steadied on Tuesday, recouping some of the previous session's decline, before a euro zone summit on the Greek debt crisis later in the day.

The euro zone Euro STOXX 50 rose 0.3 percent after falling 2.2 percent on Monday, once Greek voters rejected conditions for a new bailout in a referendum on Sunday.

France and Germany told Greece on Monday to come up with serious proposals to restart financial aid talks. The European Central Bank raised the pressure before Tuesday's summit by keeping a tight grip on funding to Greek banks.

The pan-European FTSEurofirst 300 rose 0.2 percent to 1,503.88 points by 0748 GMT.   Continuación...