LONDON — European markets opened firmer on Tuesday after an extended weekend break, bucking fears of slowing demand from China and despite debt stand-off fears depressing Greek stocks.The pan-European FTSEurofirst 300 equity index was up 1%. UBS shares gained more than 7% and the bank reported its highest quarterly profit in nearly five years and said it was in advanced US talks to settle allegations of foreign-exchange-market rigging.Britain’s FTSE 100 index was up 0.9% after a three-day weekend and Germany’s DAX rose more than 1%, helped by Infineon raising its 2015 outlook.Greece’s debt stand-off with international creditors sent the ATG benchmark index down 2%. Differences over pension and labour reforms are dogging intensive negotiations as the country’s cash position becomes increasingly critical.Fears of an imminent crisis pushed up low-rated eurozone bond yields and the euro eased a little against the US dollar."We really do think time is running out over Greece. Everything ...
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