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European shares surge after agreement on Greece debt deal

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

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 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 300 index was up 1 percent by 0706 GMT.

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

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