European markets are flying high on the back of fresh hopes a solution to the Greek debt crisis can be found along with positive economic news emanating from Japan.
London's FTSE breached the 6,000 mark shortly after 11am, advancing 1.08%, or 64 points, to 6002 whilst Germany's Dax had climbed 2.09% and France's Cac 40 has edged up 1.5%. All three gauges had since fallen back slightly by 12.30pm. Markets were lifted by reports Germany - which has resisted extra funding to Greece - is set to offer concessions to the embattled nation which could pave the wave for a fresh Greek bailout. The Wall Street Journal report said Germany is also considering dropping its demand for an early re-scheduling of Greek bonds. The speculation sent the Euro fl...
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