European Markets Mixed Ahead of Greek Vote on Bailout

European stocks held steady on Wednesday ahead of tonight’s parliamentary vote in Greece on the bailout accord struck with euro-zone leaders on Monday. Greek Prime Minister Alexis Tsipras now faces his next major challenge getting legislators’ approval for the bailout deal designed to keep Greece afloat and in the euro zone. In London, Burberry fell on lower than expected first-quarter retail revenue, dragged down by declines in Asia, especially Hong Kong. British Airways parent International Consolidated Airlines Group was up in London after getting conditional clearance for its takeover of Ireland’s Aer Lingus from Brussels competition watchdogs. In Asia, China stocks were down as investors ignored better than expected economic data.