European Stocks Retreat as EU Finance Ministers Meet on Crisis
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European stocks declined for a second day as the region’s finance ministers gathered in Luxembourg to discuss the sovereign-debt crisis.
Bankia SA led the decline, falling to a two-month low. Alcatel-Lucent SA dropped to the lowest in at least 23 years as Credit Suisse Group AG said weakness should continue into the third quarter. Vedanta Resources Plc led mining companies higher, limiting losses in Europe.