European stocks were little changed, while Greece™s ASE Index fell as the nation faces early elections after Prime Minister Antonis Samaras failed a third time to get enough backing for his presidential candidate.
The Stoxx Europe 600 Index gained less than 0.1 percent to 344.06 at 4:30 p.m. in London, after falling as much as 0.8 percent. The Greek gauge slid 3.9 percent and as much as 11 percent, the most among 18 western-European markets. The retreat triggered a drop in benchmark equity indexes from Italy and Spain.
The Stoxx 600 is down 1 percent this month, on pace for its first December decline since 2008, while the ASE closed at its lowest level since July 2013.
Short bets on an exchange-traded fund tracking Greek shares climbed this month to the highest level since May 2012, just before the benchmark ASE fell to a low in the wake of the nation™s debt restructuring.
Source : Bloomberg