European shares open higher
(02-08 16:34)
Europe's main stock markets rose at the start of trading on Friday as EU leaders looked set to approve an austerity budget for its 27 member countries.
London's FTSE 100 index of top companies gained 0.24 percent to 6,243.17 points, Frankfurt's DAX 30 grew 0.22 percent to 7,607.57 points and in Paris the CAC 40 advanced by 0.33 percent to stand at 3,613.00, AFP reports.
EU leaders appeared set on Friday to cut the bloc's budget for the first time in its six-decade history, with a tentative agreement to trim spending by three percent in absolute terms over the rest of the decade, diplomats said.
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