European stocks gain on Greek loan agreement

Source: Bloomberg
© Scanpix/FP
European stocks climbed, reaching the highest level in seven years on speculation Greece may reach an agreement with the creditors. The Stoxx Europe 600 Index rose 0.8% to 379.84 as of 3:06 p.m. London time and it is trading at the strongest level starting from November 2007. The FTSE 100 Index declined, while 17 western-European markets gained among 18.
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