European stock markets slip back as Greek relief rally fades

viernes 17 de julio de 2015 12:21 GYT

* Euro STOXX 50 falls 0.2 pct, FTSEurofirst 300 ends flat

* Ericsson shares rise but Volvo falls

* Investor focus shifting to earnings, U.S. rate outlook

* Both Euro STOXX and FTSEurofirst up nearly 20 pct in 2015

By Lionel Laurent

LONDON, July 17 (Reuters) - European stocks slipped back from six-week highs on Friday, with a recent Greece-driven relief rally showing signs of fading, while a drop in the shares of truck maker Volvo also weighed on equities.

The earnings season is just getting under way in Europe. Friday's results brought forecast-beating numbers from mobile network supplier Ericsson, appliance maker Electrolux and fragrance firm Givaudan. Givaudan rose around 4 percent, while Ericsson advanced 3.4 percent.

However, Volvo dropped 6.3 percent after the company warned it expected little growth in North America in coming years.

The EuroSTOXX 50 index fell 0.2 percent, giving up some of its gains from the previous session that were fuelled by fresh expectations for a Greek debt deal and more European Central Bank help for Greek banks.   Continuación...