European Stocks Rise As Hopes For A Greek Debt Deal Spring Up Again

LONDON (TheDeal) -- European stock indices rose for the first time in three days, or in some cases more, amid signs of a climbdown by Greece from its debt standoff with international creditors. Greece became the first advanced economy ever to miss a payment to the 71-year-old International Monetary Fund at midnight yesterday, when it failed to repay €1.5 billion ($1.7 billion).

 

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