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Europe: Stock markets rise at open

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[LONDON] European stock markets climbed at the open on Monday after Greek lawmakers adopted further austerity measures as Athens bids to unlock more bailout money.

London's benchmark FTSE 100 index rose 0.4 per cent to 6,152.09 points compared with Friday's close.

In the eurozone, Frankfurt's DAX 30 index won 0.6 per cent to 9,929.19 points and the Paris CAC 40 gained 0.5 per cent in value to 4,322.69.

Greek lawmakers adopted overnight a controversial package of pension cuts and tax hikes.

It comes as eurozone finance ministers geared up for an emergency meeting Monday to hammer out fresh reforms for Athens to stave off another eurozone crisis.

AFP