European Factors to Watch - Shares seen up as Spain tackles deficit

LONDON, Sept 28 (Reuters) - European stocks were set to open higher on Friday as investors welcomed Spain's efforts to tackle its public deficit through new austerity measures, which many see as paving the way for international aid. Financial spreadbetters expected Britain's FTSE 100 to open 22 to 27 points higher, or as much as 0.5 percent, Germany's DAX to open 48 to 49 points higher, or as much as 0.7 percent, and France's CAC-40 to open 22 points higher, or as much as 0.6 percent.