European shares signaled a slight rebound on Thursday but the ongoing problems in Greece still weighed on sentiment as the country announced a second round of elections would be held on June 17 and European leaders talked of a Greek departure from the euro zone.
The FTSE was set to open 6 points higher at 5396, France's CAC was due to open 7 ppoints higher at 305 and the DAX was set to open 28 points higher at 6419.
While all the major markets are open on Thursday, it is expected to be a light trading day as many European countries celebrate a public holiday.
On Wednesday Greek President Karolos Papoulias appointed senior judge Panagiotis Pikrammenos as caretaker prime minister until elections are held, as news filtered out that more than 1 billion euros ($1.27 billion) had been taken out of Greek banks since Monday by depositors. The Greek stock market has lost more than 10 percent since Monday. The European Central Bank (ECB) said on Wednesday that it had stopped providing liquidity to some Greek banks as they have lot been successfully recapitalized, confirming news earlier reported by Reuters.Page 1 of 5 | Next Page