European shares rose on Friday, as investors were boosted by the passing of the US debt ceiling bill and hints that the Federal Reserve may pause its interest rate hiking cycle later this month. The STOXX 600 index was up 0.7%, with real estate and mining stocks performing the best. The US Senate on Thursday passed the bipartisan legislation to lift the debt ceiling, preventing a first-ever default. Moreover, job growth in May was expected to prove slower than earlier, with wages declining, which could lead the central bank to skip an interest rate hike this month.