European Stocks Little Changed as Investors Weigh Greece Outcome
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European stocks were little changed, after swinging between gains and losses, as investors weighed the possibility of a successful outcome to last-ditch Greek talks.
The Stoxx Europe 600 Index rose 0.1 percent to 396.85 at the close of trading. Shares erased a decline of as much as 0.8 percent after an official said Greece’s creditors proposed a five-month extension to the aid program and 15.5 billion euros ($17.4 billion) in disbursements to help seal a debt agreement. The gauge then pared gains of as much as 0.5 percent when Athens News Agency reported the Greek government rejected the offer.