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(Reuters) -European stocks ended higher on Monday after the European Commission outlined plans to loosen COVID-19 restrictions on tourism, while strong factory and retails sales data and a robust corporate earnings season added to the optimism.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 3, 2021. REUTERS/Staff
The euro zone stocks index, which consists of markets in continental Europe, ended 0.6% higher, while the pan-European STOXX 600 index added 0.6%.
European travel and leisure stocks rose 0.2% after the European Commission recommended letting foreign travellers from more countries enter the bloc, hoping to boost the stricken tourism industry this summer.
PARIS/LONDON Diplomatic moves to ease transatlantic air travel could unleash fierce competition to entice passengers back into near-empty cabins at a time…