European stocks rose as Spain reported its economy shrank less than previously forecast in the first quarter.
The benchmark Stoxx 600 advanced 0.4 percent to 260.06 at 8:02 a.m. in London.
Spanish gross domestic product fell 0.3 percent, the same as in the previous three months, the Madrid-based National Statistics Institute said in an e-mailed statement today. That compares with the Bank of Spain’s estimate on April 23 of a 0.4 percent decline. From a year ago, GDP fell 0.4 percent, INE said.
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