Europe's main stock markets rallied at the start of trading on Monday after debt-hit Greece was handed a massive rescue package. London's benchmark FTSE 100 index of top shares won 0.50 percent to 5,799.95 points, Frankfurt's DAX 30 gained 0.54 percent to 6,283.81 points and in Paris the CAC 40 rose by 0.69 percent in value to reach 4,078.38. The euro jumped against the US dollar and yen on Monday after the 16 nations using the single currency unveiled a 30-billion-euro lifeline for Greece. Finance ministers from the countries that share the euro agreed on a three-year financing programme at interest rates of around five percent to help Greece and restore confidence in the single currency. The rescue package is intended as a back-up plan in case Greece is no longer able to raise funds to repay its debts and finance its budget on financial markets because of excessively high interest rates. 