European shares jump on hopes of Greek debt deal

viernes 10 de julio de 2015 04:21 GYT

* FTSEurofirst 300 up 1.6 pct, Euro STOXX 50 up 2.7 pct

* United Internet rises after says it may float division

* DNB beats second quarter earnings forecasts

By Alistair Smout

LONDON, July 10 (Reuters) - European stocks surged on Friday after Greece made substantial concessions in its latest bid to win new funds from creditors and avert bankruptcy.

The pan-European FTSEurofirst 300 was up 1.6 percent at 1,535.94 points by 0757 GMT, with the euro zone blue-chip Euro STOXX 50 rising 2.7 percent.

The VSTOXX, a volatility index for European shares, fell 2.1 points to 28.6, its lowest level so far this month.

Greece has asked for 53.5 billion euros ($59 billion) to help cover its debts until 2018 and has pledged new tax hikes in return. France's economy minister said that he is reasonably confident a deal can be done.   Continuación...