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- European stock markets mid session: stocks traded higher on hopes for a deal between Greece and its creditors
European stock markets mid session: stocks traded higher on hopes for a deal between Greece and its creditors
Stock indices traded higher on hopes for a deal between Greece and its creditors. Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President François Hollande Wednesday agreed to intensify the debt talks.
The head of the Eurogroup Jeroen Dijsselbloem said in Helsinki on Wednesday that a deal between Greece and its creditors can still be reached. But he warned that the time was running out.
Yields of German government bonds continued to rise on Thursday.
Meanwhile, the economic from the Eurozone was positive. The French statistical office Insee said its consumer price inflation for France. The French consumer price inflation rose 0.2% in May, after a 0.1% increase in April.
On a yearly basis, the consumer price index climbed 0.3% in May, after a 0.1% rise.
Fresh food prices rose 6.4% year-on-year in May, while petroleum products prices dropped by 6.3%.
Current figures:
Name Price Change Change %
FTSE 100 6,860.9 +30.63 +0.45 %
DAX 11,368.86 +103.47 +0.92 %
CAC 40 4,979.66 +44.75 +0.91 %
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