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EU officials arrive in Athens Monday to assess Greece's performance so far (Photo: John D. Carnessiotis, Athens, Greece)

Greece back under EU-IMF microscope as Asian stocks rise

Asian stocks have risen on the back of easing of fears over European bank stress test results were revealed on Friday.

In a filip of optimism, Japan's Nkkei 225 Stock Average had climbed 0.9 percent as of early afternoon in Tokyo, according to market reports, while Australia's S&P/ASX 200 index was up 0.5 percent and New Zealand's NZX 50 had gained 0.4 percent. The MSCI Asia Pacific index had risen 0.3 percent.

As the results of the stress tests of European banks, which revealed j...

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EU officials arrive in Athens Monday to assess Greece's performance so far (Photo: John D. Carnessiotis, Athens, Greece)

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