Greek stocks and bonds were hit after politicians in the country failed for a third time to endorse Prime Minister Antonis Samaras' preferred candidate. This means that general elections will occur early next year, potentially jeopodizing Greece's hard-won economic recovery.
"A perfect political and economic storm is brewing," said BBH currency strategists led by Marc Chandler in a research note published Monday.
Read MoreGreek stocks tumble as parliament votes
Outside of Greece, the FTSE 100 was boosted by a rally in its heavily weighted basic resources sector. Reports of further liquidity measures in China helped, with miners heavily exposure to the world's second-largest economy.
Stocks that outperformed included BHP Billiton, Anglo American and Rio Tinto, all of which closed up around 2.7 percent.