Greece aid package boosts stock markets

Shares have risen following the eurozone's agreement designed to settle the Greek debt crisis.

UK and French markets gained more than 1% in morning trading, before slipping slightly, with the FTSE 100 index ending up 0.6% and the Cac 0.7% higher.

Eurozone leadership agreed a new package worth 109bn euros ($155bn, £96.3bn).

Private sector lenders will also be asked to contribute and, as a result, the Fitch ratings agency said it would consider Greece in "restricted default".

US stocks were down in Friday morning trading in New York, with the Dow Jones index down 0.4%. However, financial analysts said Wall Street investors were more interested in the US's own debt problems.

The euro was on Friday trading at $1.4369, down from $1.4439.According this facts & figures euro getting rise against US dollar.