European Stocks Rise

    Visitors talk beneath a display of stock price information for Spain's Ibex index inside the Madrid stock exchange, or Bolsas y Mercados, on the day of a 10-year bond sale in Madrid, Spain, on Thursday, June 7, 2012. Two days after a senior government official said Spain's access to debt markets was closed, the Treasury beat its 2 billion-euro target ($2.5 billion) at a bond sale, easing concern about financing the region's third-biggest budget deficit. Photographer: Angel Navarrete/Bloomberg via Getty Images

    Angel Navarrete, Bloomberg News / Getty Images

    European stocks took a turn for the better early Monday as markets breathed a sigh of relief after Spain accepted a bailout offer over the weekend. The collective exhale may be only temporary, however, as politicians and investors alike turn their attention from Spain back to Greece, where voters are set to head to the polls later this month. The pro-bailout New Democracy party shows a slight lead in the most recent polls, but whether or not that will be enough to carry it past widespread anti-austerity sentiment will keep market watchers on edge right through the returns. Spain’s IBEX-35 index surged 4.5 percent Monday morning while Greece’s ASE shot up 2.4 percent and Germany’s DAX rose 2 percent.

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