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Europe's stocks higher amid Greece, rates focus

London's benchmark FTSE 100 index climbed 0.63 percent to trade at 6,981.00 points approaching midday in the capitalEuropean stock markets rose on Thursday as traders focused on the Greek debt saga and outlook for interest rates on both sides of the Atlantic. London’s benchmark FTSE 100 index climbed 0.63 percent to trade at 6,981.00 points approaching midday in the capital. In foreign exchange, the European single currency fell to $1.0743 from $1.0780 late in New York on Wednesday. “Athens has vowed to repay the IMF today and the market is optimistic the agreement will be honoured,” said David Madden, market analyst at IG trading group.

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