Stocks rally after euro-debt moves

European stocks rallied today following the latest promise to resolve the eurozone debt crisis.

Dublin's ISEQ, the FTSE in London, the Paris CAC and the DAX in Frankfurt all finished the day in postitive territory.

Markets on Wall Street are also making gains in the wake of the Franco-German pledge to have measures in place within weeks to tackle the problem.

The plan includes the recapitalisation of EU banks and the toughening of debt rules.