European shares edged higher on Tuesday after an agreement by international lenders to cut Greece's debt gave some short-term support to investor sentiment.
Hours after euro zone finance ministers and the International Monetary Fund (IMF) arrived at a much-awaited deal to help Greece reduce its debt, sending risk assets higher, market experts began expressing doubt over whether this deal will be successful in resolving the nation’s long-term debt troubles.
European shares ended a five-day winning streak on Monday as a slump in Barclays after a shareholder sold warrants in the company resulted in it leading both financial stocks and the broader market lower.