European stocks rally on "productive" Greek talks

European stocks rallied after the biggest drop in a week as Greece described its debt talks as “productive” and investors speculated the Federal Reserve will provide more stimulus. The cost of insuring Italy’s debt rose to a record after Standard & P

CRH - Recovered from earlier fall
CRH - Recovered from earlier fall

European stocks rallied after the biggest drop in a week as Greece described its debt talks as “productive” and investors speculated the Federal Reserve will provide more stimulus. The cost of insuring Italy’s debt rose to a record after Standard & Poor’s cut the nation’s credit rating.

A short time ago, London’s FTSE 100 index was up 1.4per cent. In Frankfurt the Dax index was up 2.1 per cent, ...