European shares close sharply higher, catching up to yesterday's afternoon rally in the U.S. as...

|By:, SA News Editor

European shares close sharply higher, catching up to yesterday's afternoon rally in the U.S. as the vibe on the Greek bailout turned positive. Stoxx 50 +1.2%, Germany +1.4%, France +1.3%, Italy +1.1%, Spain +1.2%, U.K. +0.3%. Euro +0.1% at $1.3148.