"Great firewall of Portugal" talk might be a bit premature, but European shares hit a 28-month...

|By:, SA News Editor

"Great firewall of Portugal" talk might be a bit premature, but European shares hit a 28-month high on reassurance that there's still demand for the region's debt. Spanish stocks led the rally, with the IBEX index surging 5.3%; Italy added nearly 4%, and Greece gained 5%. France's CAC +2.2%, Germany's DAX +1.8%, Britain's FTSE +0.6%. Euro +1.25% vs. the dollar.