City markets welcome eurozone deal
Shares have jumped after eurozone leaders agreed a deal that they said would help resolve the debt crisis.
Speaking to the BBC, Jens Larsen from Royal Bank of Canada's London offices said, "There is a lot of relief this has actually been pulled off", but there is "still a lot of the important detail missing."
The eurozone agreed a deal on expanding the bailout fund and banks taking losses on Greek debt in exchange for market recapitalisation.
27 Oct 2011
- From the section Business