By Daniel Hunter

A meeting today (Monday) between eurozone finance ministers, in which many hope a new bailout for Greece will be finalised, has seen European stock markets rise.

Any bailout Greece agrees on is needed by mid-March, otherwise they will default on their debts. With a bailout of 130 billion-euro (£110 billion; $170 billion) needed, time is running out for Greece.

The UK's FTSE 100 rose 0.5%, while German and French stocks were also higher.

Banks on the continent, which hold much Greek debt, rose - Commerzbank gained 2.4% and Credit Agricole climbed 2.5%.

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