Europe's main markets closed sharply higher Monday on optimism that Greece could seal a deal with its creditors this week, with London's benchmark FTSE 100 index of top companies rising 1.72 percent to stand at 6,825.67 points.

In the eurozone, the CAC 40 in Paris jumped 3.81 percent to 4,998.61 points while Frankfurt's DAX 30 also gained 3.81 percent to end the day at 11,460.50 points. The Milan stock exchange gained 3.46 percent, while the Athens Composite Index rocketed 9.0 percent.