Investors soothed after Greece offers more palatable version of debt write-off demand

February 3, 2015 9:15 AM

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ATHENS, Greece – Greek stocks are leading a European market rally on indications that Greece's new radical left government is advocating a more palatable version of its brash demand to have most of the country's debt burden forgiven.

The Athens stock exchange was up 7 percent in morning trading Tuesday, while the Euro Stoxx index gained 1.5 percent.

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