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European Stocks Fall to Two-Week Low Amid Greece Debt Standoff

Markets Are Slightly Schizophrenic Over Greece: Flanders

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European stocks fell for the third time in four days as investors speculated whether Greece will reach an agreement with creditors before it runs out of time and money.

The Stoxx Europe 600 Index declined 1 percent to 396.45 at the close of trading, after losing as much as 1.3 percent. The ASE Index dropped 2.5 percent to the lowest level in almost a month, as Greek markets reopened after a holiday.