European shares surge after agreement on Greece debt deal
European shares surge after agreement on Greece debt deal
European shares surged in early trading on Monday after European Council President Donald Tusk said euro zone leaders reached a unanimous agreement.

London: European shares surged in early trading on Monday after European Council President Donald Tusk said euro zone leaders reached a unanimous agreement following all-night talks in Brussels to move forward with a bailout loan for Greece.

The euro zone's blue-chip Euro STOXX 50 index rose 1.3 percent, while the pan-European FTSEurofirst 300index was up 1 percent by 0706 GMT.

Germany's DAX, France's CAC and Britain's FTSE 100 rose 0.6 to 1.4 percent.

The euro zone's banking index also advanced 1.5 percent.

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