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European stocks staged a modest rebound as fears about a long-running plunge in the renminbi abated and the eurozone edged closer to a resolution to the Greek debt crisis.
European markets moved lower on Thursday after an inconclusive meeting late yesterday between Greek officials and its international creditors stoked further worries about a Greek debt fault and eurozone exit.
European stocks rose on Monday as March gains in eurozone economic sentiment and the business climate indicator added to confidence that the recovery is gathering pace.
European stock indices quickly erased early gains on the first day of trading of 2015 after dovish comments from European Central Bank President Mario Draghi.
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