European equity markets move lower on Thursday with early declines in major markets tempered by positive news from the European Commission on the euro zone growth outlook. But Greek indices – and Greek lenders – bear the brunt of the European Central Bank’s abrupt decision late Wednesday to stop accepting Greek government bonds as collateral. In the U.K. telecom BT Group rings up gains after finalizing a $19 billion deal to buy the British EE wireless services group of Deutsche Telekom and France’s Orange, marking its return to the sector after a 12-year absence.
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