European stocks mixed, euro climbs
The euro rose Monday but European stocks were mixed as dealers brushed aside a credit downgrade for Greece and mulled the outlook for the US economy as oil prices struck 2.5-year highs.
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European Union government leaders are meeting at a two-day summit here in the Belgian capital Brussels, under pressure to reach a deal that would ease concern in the global financial markets over eurozone debt, in particular that of Greece and Portugal. A deal over Greece is expected to be reached later on Thursday. For more: www.euractiv.com