German Stocks Decline as Japanese Trade Deficit Widens

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German stocks declined as Japan reported a wider-than-expected trade deficit and investors waited for meetings of euro-area leaders that may determine whether Greece gets any concessions on the terms of its bailout.

Commerzbank AG lost 1.5 percent after Die Zeit reported that the lender may have to pay costs from possible violations of U.S. sanctions. Paragon AG advanced 2.1 percent after reporting a 13 percent increase in first-half revenue.