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European indexes are moving in different directions
Trading in Europe in different directions, and a slight change in the indices. The focus of the market is Greece, but which last week approved the budget for 2013 with a small surplus (1.1%), excluding debt service. If the country does not receive the next tranche of aid, it is threatened with default this week.
German Chancellor Angela Merkel and the chairman of the Foreign Affairs Committee Bundestag Ruprecht Polenz supported the creation of a free trade area between the EU and the U.S.. The German government intends to ensure that the authorities in Washington as soon as possible to discuss this issue.
FTSE 100 5,781.64 +11.96 +0.21%
CAC 40 3,418.57 -5.00 -0.15%
DAX 7,179.81 +16.31 +0.23%
Telecom Italia Shares rose 3%. According to press reports, Orascom Telecom Holding SAE is planning to acquire a minority stake in the Italian telephone operator.
The capitalization of the Swiss phone company Swisscom AG rose by 1%. After JPMorgan Chase & Co. increased Swisscom recommendation on the shares to "overweight" from "neutral."
Quotes HSBC Holdings added 0.4%, Credit Agricole shares were down 1.5%.
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