Jun
24
European Stocks Climb Fifth Day on Optimism Greek Deal in Sight
ByEuropean stocks advanced amid optimism that a deal on Greek debt is within reach.
The Stoxx Europe 600 Index rose 0.2 percent to 399.6 at 8:07 a.m. in London. Shares capped their biggest four-day rally since January on Tuesday as the region’s leaders agreed Greece’s government was getting serious about reaching a deal.
With a week to go before the country’s bailout expires, a solution looks possible after Prime Minister Alexis Tsipras signaled he was ready to end a bitter five-month standoff and reach agreement with creditors to unlock aid and avoid default…
European Stocks Climb Fifth Day on Optimism Greek Deal in Sight