European Stocks Fall as Greece, Creditors Reject New Proposals
Greek Creditors Turn Down Latest Offer From Tsipras
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European stocks slid as the prospect of a Greek debt deal receded after the Mediterranean nation and its creditors rejected each other’s revised proposals.
The Stoxx Europe 600 Index slipped 0.4 percent to 397.32 at the close of trading, after earlier losing as much as 0.7 percent. The ASE Index snapped a four-day winning streak, falling 1.8 percent, for the biggest drop among western-European markets. Portugal’s PSI 20 Index slid 1.3 percent, for the second-worst performance.