European stock markets were given a boost on Monday by the news that euro zone leaders reached an agreement to move forward with a bailout loan for Greece.<br /><br /> The eurozone’s blue chip Euro STOXX 50 index hit a two-week high in mid-morning trade.<br /><br /> The FTSE 100 had gained around 0.7 percent by 1 p.m. (CET), while the DAX had surged by around 1.4 percent.<br /><br /> “For the markets, it is clearly positive that there is an agreement among the European member states and that there is an atmosphere of co-operation,” said Philippe Gijsels, Chief Strategy Officer at BNP Paribas in Brussels.<br /><br /> At the Frankfurt Stock Exchange, Baader Bank analyst Robert Halver said the exchange was “happy,” but added that the markets “now have two problems.”<br /><br /> “A small problem is that the (Greek)reforms have to be put in place and a second long-term problem, is whether they (those reforms) are enough to make Greece competitive. I doubt that,” Halver said.<br /><br /> While the Athens Stock Exchange remained closed, US-listed Gree
