The STOXX 600 index was up 0.2% by 0807 GMT, after clocking its best week since the beginning of the year.
Shares of Telecom Italia (TIM) jumped 4.1% as
Italian state lender CDP said on Sunday its board had approved a
non-binding offer for the fixed-line network of the former phone
monopoly, adding it would be valid until March 31.
China set its economic growth target at about 5% at its
National People's Congress, towards the lower-end of
expectations. The European basic resources index slipped
1.2%, tracking a drop in prices of base metals.
Investor focus this week will be on Friday's U.S. payrolls
report and Federal Reserve Chair Jerome Powell's two-day
testimony before the Congress, starting Tuesday.
(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sherry Jacob-Phillips)
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