European shares end higher on hopes for a EU recovery compromise

German Dax up 1.1%. Highest level in 4 months

European shares are ending the session higher as hopes for a EU recovery compromise helped the buying sentiment. The German DAX moved up 1.1% and trades at the highest level in 4 months.

The provisional closes are showing:

• German DAX, +1.1%
• France's CAC, +0.5%
• UK's FTSE 100, +0.5%
• Spain's Ibex, -0.2%
• Italy's FTSE MIB, +0.9%