European shares manage gains to end the week despite a brief flutter on comments from the German...

|By:, SA News Editor

European shares manage gains to end the week despite a brief flutter on comments from the German finmin: "Greece's eurozone membership has not been decided." Stoxx 50 +0.8%, led by France +0.8%. Spain lags, closing -0.2%. Since Draghi's "whatever it takes" comments in late July, Europe (as represented by VGK) has gained 8.5%, beating the S&P 500 by 500 basis points.