Bloomberg News

European Stocks Climb After China Cuts Interest Rates

July 05, 2012

European stocks climbed after the People’s Bank of China cut the one-year deposit rate by 25 basis points.

The benchmark the Stoxx Europe 600 Index gained 0.6 percent to 258.8 at 12:04 p.m. in London.

To contact the editor responsible for this story: Sarah Jones at

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