Europe stocks rally after EU growth, bank plan

Posted on June 29, 2012 at 04:20 AM EDT

European stock markets jump and bond yields drop sharply in morning action on Friday, after European leaders struck a deal on a growth package and agreed to allow the euro zone’s rescue funds to recapitalize the region’s ailing banking sector.

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BP PLC ADS Banco Bilbao Vizcaya Argentaria S.A. ADS Banco Santander S.A. ADS DFM BANK IND Total S.A. ADS

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