European Stocks Are Little Changed as Erste Group Falls

European stocks were little changed, with equities posting their biggest monthly gain since July, as Ukraine accused Russia of stoking tension on its territory and data showed U.S. fourth-quarter economic growth slowed more than estimated.

Erste Group Bank AG tumbled the most since May 2009 after it projected a slow start to the year. Pearson Plc plunged to a three-year low after reporting a drop in full-year earnings. Serco Group Plc posted the biggest gain since 2001 after naming a new chief executive officer. Old Mutual Plc rose 5.8 percent after making an acquisition in the U.K.