Nov. 15 (Bloomberg) -- European stocks erased declines, with the benchmark Stoxx Europe 600 Index falling less than 0.1 percent to 238.45 as of 2:41 p.m. in London.

The gauge earlier retreated as much as 1.8 percent as Italy’s premier in waiting Mario Monti struggled to get political parties to help form his new Cabinet and the country’s biggest defense company forecast an unexpected loss.

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