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FTSE 5,364 +104.15 +1.98%, CAC 2,984 +44.05 +1.50%, DAX 5,572 +155.77 +2.88% European stocks climbed as Greece described its debt talks with the European Union and the International Monetary Fund as “productive” and investors speculated the Federal Reserve will provide more stimulus. EON AG and RWE AG (RWE), Germany’s biggest utilities, climbed more than 3.5 percent after a court suspended a nuclear-fuel tax. Barratt Developments Plc (BDEV) surged 5.7 percent after Citigroup Inc. advised buying the shares. The IMF said that the program carried out by the government had produced “impressive fiscal consolidation,” while EU economics spokesman Amadeu Altafaj told reporters in Brussels yesterday that the European Commission has not demanded more of Greece than was agreed to in the international aid program for the country.
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