European stocks close higher awaiting outcome on Greece

European stock markets rose on Friday, with Germany's main index breaching 11,000 points for the first time, as Greece appeared closer to a possible overhaul of its multi-billion euro bailout. The DAX index hit an intraday high of 11,013.85 points as the Frankfurt stock exchange was also driven by positive economic data -- and closed up 0.40 percent at 10,963.40 points. London's benchmark FTSE 100 index ended the day up 0.67 percent to 6,873.52 points, while the CAC 40 in Paris gained