European Stocks Fall Most in Two Weeks on Ukraine, Manufacturing

European stocks fell, after posting their biggest weekly advance in more than a month, as world leaders pledged further measures against Russia, and manufacturing gauges slipped in China, Germany and the U.S.

Royal KPN NV lost 4.2 percent after Citigroup Inc. downgraded the stock. Stada Arzneimittel AG slumped 15 percent after cutting its 2014 forecast. CEZ AS, the largest Czech utility, climbed 5.1 percent after the nation’s finance minister said the government is seeking a 100 percent dividend payout.