
Shares Up On Greece Debt Spin.
After heavy falls last week, European bank shares have risen as investors start to react to the latest efforts to stabilise Greece’s debt problems.
Uncertainty over how to deal with Greece's problems had led to bank shares tumbling, but on Monday, French banks were up, with BNP Paribas up 6% and Credit Agricole up 3.5%. Germany's big banks rose 4% and in the UK, RBS rose 2% and Barclays was up 1.8%.