European shares rose slightly on Wednesday amid hopes Greece could reach a deal with Europe before a deadline of Sunday.
However, the gains were limited as some investors are still uncertain about the future of the Greek debt crisis. Hence, the slight advance is perhaps a correction to the fall in the previous sessions.
Greek banks remained closed for a second straight week, where the Hellenic country is about to run out money in the coming few days unless it receives a bailout.
EU leaders will convene on Sunday to decide the destiny of Greece at a time that the President of the European Council described as the most embarrassing in the history of the euro area region.
Stoxx Europe 600 index rose 0.1% to 372.25. STOXX 50 added 0.24 percent. Germany’s DAX soared 0.28 percent and France’s CAC-40 edged up 0.60 percent.
In the U.K., FTSE 100 surged 0.60 percent or 42.26 points to reach 6474.47 points.