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European markets shake off Syriza win in Greece

The German share price index DAX is seen at Frankfurt's stock exchange  European markets shake off Syriza win in Greece 2015 01 26T111816Z 1 LYNXMPEB0P0FY RTROPTP 2 MARKETS STOCKS EUROPEBy Marius Zaharia LONDON (Reuters) – The euro and European shares and bonds shook off worries on Monday over Greek election winner Syriza's pledge to take on international lenders, a strong sign of confidence in the ECB's new money-printing programme. Weakness in European shares lasted only for about two hours, although the main Athens index fell and Greek bond yields rose. The FTSEurofirst 300 index of top European shares was 0.13 percent higher on the day at 1,481.46, having fallen as low as 1,473.38 earlier. "The QE announced last week has gone some way to prop up the markets," Accendo Markets senior trader Tom Robertson said, referring to the roughly 1 trillion euro bond-buying programme the European Central Bank launched last week.

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