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European stocks rise at open

London - Europe's main stock markets rose at the start of trading on Monday, a pivotal week for the region with the European Central Bank (ECB) forecast to announce fresh stimulus measures.

London's FTSE 100 index climbed 0.12% to 6 557.83 points compared with Friday's close.

Frankfurt's DAX 30 grew 0.63% to 10 231.58 points and the CAC 40 in Paris gained 0.21% in value to 4 388.67.

Stock indices had rallied on Friday on fresh signals that the ECB will launch a bond-buying stimulus programme this week, news that has weighed heavily on the euro.

READ: ECB stimulus speculation sends stocks soaring

The chronically low level of inflation across the single currency bloc has fuelled concern the region could slip into deflation - a sustained and widespread drop in prices. Britain, which is not part of the eurozone, also risks falling into deflation later this year.

While falling prices may sound good for consumers, deflation can trigger a vicious spiral in which businesses and households delay purchases, throttling demand and causing companies to lay off workers.

Such concerns have fuelled speculation that the ECB could launch a programme of sovereign bond purchases known as quantitative easing or QE when it holds its first policy meeting of the year last week.

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