European Stocks Advance With DAX as German Economy Accelerates

European stocks climbed with Germany’s DAX Index after a report showed the nation’s economy accelerated.

The Stoxx Europe 600 Index added 0.6 percent to 377.07 at the close of trading, paring gains of as much as 0.8 percent. It extended a seven-year high as Greek and European Union leaders signaled willingness to compromise on bailout terms. The measure has gained 1.1 percent this week for a second straight advance.