European shares rise on strong earnings, Greek market also firm

viernes 24 de abril de 2015 12:53 GYT

* FTSEurofirst 300 ends up 0.4 pct at 1,626.83 points

* Athens' ATG equity index rises 3.4 pct

* Electrolux and Renault advance after results

* German Ifo points to strong business morale

By Alistair Smout and Sudip Kar-Gupta

LONDON, April 24 (Reuters) - European shares rose on Friday, boosted by encouraging corporate earnings and upbeat economic data, while prospects for a deal over Greece's debt crisis also lifted Athens' volatile market.

The pan-European FTSEurofirst 300 index closed up 0.4 percent at 1,626.83 points. The index reversed most of the previous session's losses and stood 1.7 percent below a near 15-year peak reached last week.

Germany's DAX advanced 0.7 percent, putting it within reach of recent record highs, as data showed German business morale was at its highest level in almost a year in April.

There was also cautious optimism on Greece after German Chancellor Angela Merkel expressed hope that a deal could be reached soon to avert bankruptcy.   Continuación...