European Shares Advance Amid Optimism of Greek Bailout Agreement
Options Update: How to Play Euro Currency Trust
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European stocks advanced amid investor optimism that Greece can reach an agreement on bailout terms with its euro-area creditors.
The Stoxx Europe 600 Index added 0.6 percent to 372.94 at the close of trading, after earlier rising as much as 0.9 percent. Greek Finance Minister Yanis Varoufakis faces his euro-zone counterparts on Feb. 11 at an emergency meeting in Brussels. He said his government will neither tear up the existing bailout deal, nor allow the budget to be derailed, while Greece will implement about 70 percent of reforms included in the accord.