Economics

Europe Stocks Rise for 4th Day on Optimism Over Greece, Economy

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European stocks posted their biggest four-day rally since January as the region’s leaders agreed Greece’s government was getting serious about reaching a deal.

The Stoxx Europe 600 Index rose 1.2 percent to 398.83 at the close of trading. A report showed euro-area factory and services expanded more than forecast in June, signaling a pickup in the region’s economy amid quantitative-easing measures by the European Central Bank.