Vote European stocks were expected to open higher on Tuesday after falling on Monday as euro zone finance ministers gave Greece two weeks to approve further austerity measures in exchange for a 12 billion euro bailout package and ahead of a vote of confidence in the government of Prime Minister George Papandreou on Tuesday evening.
Only weeks ago, quantitative easing, the emergency policy of pumping money into the financial system to revive the economy, was considered firmly over. Now, amid a stream of gloomy data that has raised renewed fears of a double-dip recession in the UK, it could soon be back on the agenda, reported the FT.