LONDON (TheDeal) -- European markets rose on Thursday after the Greek parliament approved tough austerity measures demanded of the country by its eurozone creditors in return for an €86 billion ($93.4 billion) bailout.

The package was approved with 229 votes in the 300-seat chamber against a backdrop of rioting, with opposition to the creditors' demands coalescing around members of Prime Minister Alexis Tsipras' own Syriza party.

The German parliament votes on the bailout deal tomorrow, and despite some criticism of Chancellor Angela Merkel's handling of the crisis, lawmakers look set to approve it.

Meanwhile, the Frankfurt-based European Central Bank meets today for a policy meeting, and investors will be watching closely for what it has to say about ECB support for Greek banks in its policy announcement at 1:45 p.m. local time. That will be followed by an ECB press conference at 2:30 p.m. local time

In Frankfurt, the DAX surged 1.54% to 11,716.83, and in Paris, the CAC 40 celebrated the Greek vote with a rise of 1.61% to 5,128.53. In London, the FTSE 100 was up 0.48% at 6,786.28.

In London, Anglo American (AAUKY) fell after announcing write-downs on assets including its Minas-Rio iron ore mine in Brazil of between $3 billion and $4 billion, alongside its second-quarter production report. The company reported "significant further weakness and ongoing volatility in the prices of the bulk commodities, particularly iron ore and metallurgical coal" in the first six months.

Telecom BT (BT) also missed out on the wider FTSE 100 gains as regulator Ofcom posited a potential mandatory sale of its Openreach arm, which manages the U.K.'s telecom backbone, or new rules for the business as the regulator completed the first stage of a digital communications review.

Meanwhile, retailer Sports Direct International (SDISY) slipped after it cut its target for earnings before interest, taxes, depreciation and amortization for the fiscal year ending 2016 to £420 million ($655.8 million) from £480 million, compared with an Ebitda of £383 million in the year just ended. It put the rethink down to the fact that acquisitions it had been working on never materialized. In a full-year results announcement, Sports Direct said it won't pay a dividend but will keep the policy under review.

In Frankfurt, Tele Columbus was up more than 7% after Germany's No. 3 cable company agreed on a €711 million deal to buy the No. 4, PrimaCom Holding. Tele Columbus held an IPO at the start of the year.

In Paris, food retailer Carrefour (CRRFY) and arch-rival Casino Guichard-Perrachon (CGUSY) both rose on second-quarter sales reports. Casino was up well over 4% after reporting progress in its domestic market in a bulletin that broadly matched expectations. Carrefour, whose second-quarter sales grew at a faster clip, was up just under 2%.

Nordic lenders Nordea Bank (NRBAY) and Swedbank (SWDBY) both rose in Stockholm after posting resilient sets of second-quarter results.

Dairy group Fonterra Co-Operative closed down 1.5% on the New Zealand Stock Exchange after announcing it would cut 523 jobs following a business review and launch a new consultation on a new structure. The moves mark a response to declining dairy prices.

In Tokyo, the Nikkei 225 rose 0.67% to 20,600.12, and the Topix gained 0.88% to 1,660.83.

The Asian Development Bank cut its 2015 and 2016 growth forecasts for "developing Asia," including China, to 6.1% this year and 6.2% next year, down from 6.3% for both years, with Chinese growth slowing to 7% this year and 6.8% next year from its earlier forecast of 7.2% and 7% growth for 2015 and 2016, respectively. It left forecasts for the faster-growing Indian economy intact.

The Shanghai Composite closed up 0.46% at 3,823.18. In Hong Kong, the Hang Seng gained 0.43% to close up 25,162.78.