European stocks rise ahead of NATO summit talks

Markets across Europe have risen on hopes EU leaders may agree new measures to tackle the debt crisis at the NATO summit this week.

Reports the European Central Bank has provided a secret €100bn in 'emergency liquidity assistance' to Greece's central banks helped the Euro Stoxx 50 gain 0.96%, while the French Cac rose 0.95% to 3,055. The FTSE 100 was also up 1% in early trading at 5,356. Mobile phone giant Vodafone saw annual profits fall almost 13% as eurozone losses offset asset sale gains and strong performances in emerging markets and the US. However, the figures still beat analysts' estimates and shares were trading up 1.61% at 167.65p this morning. Rio Tinto was also seen leading mining shares higher, wit...