The euro zone's blue-chip Euro STOXX 50 index rose 1.3 per cent, while the pan-European FTSEurofirst 300 index was up 1 percent by 0706 GMT.
Germany's DAX, France's CAC and Britain's FTSE 100 rose 0.6 to 1.4 per cent.
The euro zone's banking index also advanced 1.5 per cent.
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