European stocks little changed; VW outperforms but Ericsson slumps
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* FTSEurofirst 300 hovers near three-month highs
* VW surges on signs of deal with U.S authorities
* Ericsson slumps after weak Q1 results
By Sudip Kar-Gupta
LONDON, April 21 (Reuters) - European stocks were little changed on Thursday, as German carmaker Volkswagen outperformed while Swedish mobile telecom equipment maker Ericsson slumped.
Markets were holding their ground before a European Central Bank meeting later in the day. The ECB is widely expected to leave interest rates unchanged at record lows.
However, ECB President Mario Draghi is likely to reinforce his support for its ultra-loose monetary policy measures, which have bolstered European stocks even though European and global economic data has weakened.
The pan-European FTSEurofirst 300 index was flat, hovering around three-month highs reached earlier in the week. The euro zone's blue-chip Euro STOXX 50 index rose 0.2 percent. Continuación...