Global Markets Update: European Bank Stocks Rise

11:28 AM ET Fri, 17 Feb 2012

European stocks rise on renewed hopes for a Greek bailout and CNBC's Michelle Caruso-Cabrera takes a look at the timeline of Greece's race to make the March 20th debt payment and CNBC's John Harwood has the details on the House passing the payroll tax cut extension, and the CNBC news team take a look at the global market movers on the last trading session of the week.