Markets stable following Syriza win

European markets held firm today as investors digested the success of anti-austerity party Syriza in Greek elections last night.

The FTSE 100 Index was less than 0.5% lower following the election of Syriza, which wants to renegotiate the €240bn bailout the country agreed with the European Union, International Monetary Fund (IMF) and European Central Bank (ECB) in 2010.