European shares climbed on Monday morning
as investors reacted to weekend reports suggesting European officials have
found new solutions to tackle debt turmoil. On Tuesday they are expected to agree on means how to fund
EFSF. Stoxx Europe 600 index edged up 1.0%, French CAC 40 added 1.6% while
German DAX 30 index and FTSE 100 index each advanced 1.5% and 0.8%
respectively.