Germany's DAX, London's FTSE 100 and France's CAC40 all traded about half a percentage point higher just minutes before New York opened, with financial shares posting some of the biggest gains.
Treasury Secretary Henry Paulson will likely have trouble convincing peers who feel Washington's regulatory failures are at least partly to blame for the financial crisis.
The British government Sunday night said it would not use public funds to amass bad real estate assets.
German economy minister Michael Glos on Monday said German banks also required no such bailout and went on to criticize a one-size-fits-all remedy. "Everybody should keep their own stoop tidy, and that in turn will keep the neighborhood clean," Glos said. - Andrew Bulkeley
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