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WorldPosted at: Jul 2 2015 1:17PM


Amadeus helps European shares higher, focus remains on Greece

LONDON, Jul 2 (Reuters) European shares edged higher at the open on Thursday, boosted by a rise in Spain's Amadeus, although markets were cautious over Greece, just days away from a referendum that may decide its future in Europe. The pan-European FTSEurofirst 300 was up 0.3 percent at 1,538.02 by 0710 GMT, with Amadeus up 3 percent after it said it would buy Navitaire for
830 million. Greece's prime minister Alexis Tsipras defiantly urged Greeks on Wednesday to reject an international bailout deal, a day after the country became the first developed economy to default on debt to the International Monetary Fund. Euro zone officials have said negotiations over a deal cannot continue until after the vote, and that a "no" vote could throw Greece's place in the euro zone into question. "Till (the referendum) markets are in limbo," said Jonathan Sudaria, trader at London Capital Group. REUTERS KU SV RAI1318
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Tags: #Amadeus helps European shares higher# focus remains on Greece
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