European Stocks Decline as Investors Await Greek Talks Outcome

Lock
This article is for subscribers only.

European stocks declined amid investor concern that Greek Finance Minister Yanis Varoufakis won’t reach an agreement on new bailout terms at a meeting with his euro-area counterparts in Brussels.

The Stoxx Europe 600 Index fell 0.2 percent to 372.04 at the close of trading, after earlier losing as much as 0.5 percent. The yield on three-year Greek notes jumped 125 basis points to 20.76 percent, while the ASE Index lost 4 percent, the most among 18 western-European markets. Benchmark equity indexes in Spain and Portugal slid at least 1.3 percent.