REFILE-European shares gain on report Greece ready to accept a revised deal
(Refiles to make headline reflect Greece wants deal to be revised)
* FTSEurofirst 300 up 1.8 pct, Euro STOXX 50 up 2.7 pct
* Shares up on report Greece ready to accept creditor terms
* Auto shares get boost from positive Exane sector note
By Atul Prakash
LONDON, July 1 (Reuters) - European shares extended gains on Wednesday after a report saying that Greece was ready to accept most conditions from its international creditors to clinch a debt deal.
The Financial Times, citing a letter Alexis Tsipras sent to the heads of the European Commission, the IMF and the European Central Bank, reported the Greek prime minister will accept all his bailout creditors' conditions that were on the table this weekend, with only a handful of minor changes.
"If it's true and a possible debt deal eliminates the 'Grexit' idea, then it's a big positive for the market. But I remain skeptical and would like to see some concrete action and official announcements before becoming bullish," Ronny Claeys, senior strategist at KBC Asset Management in Brussels, said.
The euro zone's blue-chip Euro STOXX 50 index was up 2.7 percent by 0937 GMT after falling 1.3 percent a day earlier and slumping more than 4 percent on Monday on Greek jitters. The pan-European FTSEurofirst 300 index was up 1.8 percent, while Germany's DAX gained 2.4 percent. Continuación...