European stocks rally at open

Europe's stock markets rallied at the start of trading on Friday, after Greece submitted new debt reform plans, while fears over a Chinese rout subsided.

London's benchmark FTSE 100 index of leading companies added 1.07% to 6 651.74 points and Frankfurt's DAX 30 jumped 1.6% to 11 170.71.

The CAC 40 in Paris surged 2.67% to 4 884.05 points compared with Thursday's close.