(Bloomberg) -- European stocks were little changed, after two days of gains, as Greek Finance Minister Yanis Varoufakis visits Germany.
The Stoxx Europe 600 Index rose 0.1 percent to 370.69 at 8:09 a.m. in London. Global stocks have erased 2015 losses this week as energy companies jumped amid speculation that crude prices may have found a bottom and as Greece softened its stance on a debt writedown.
Following stops in Paris, London and Rome, Varoufakis will meet European Central Bank President Mario Draghi and German Finance Minister Wolfgang Schaeuble, as he seeks the time and financial support needed to negotiate a new bailout deal.
Greece’s ASE Index jumped 16 percent in the two days through Tuesday, the most since 1990, after Prime Minister Alexis Tsipras said obligations to the ECB and International Monetary Fund would be paid and that he expected a deal with the euro area on new bailout terms.
Investors will also watch economic reports. The final
reading of a service-industry purchasing managers’ index will show activity increased in January, economists forecast.
Banco Bilbao Vizcaya Argentaria SA rose 2 percent. Spain’s second-biggest bank swung to a fourth-quarter profit of 689 million euros ($790 million) as returns in its home market improved.
LVMH Moet Hennessy Louis Vuitton SA climbed 5.6 percent. The Paris-based company said it is confident for 2015 after renewed demand for its biggest brand led to better-than-expected growth at its fashion and leather-goods unit and wines, and spirits sales showed improving trends.

Sky Advances

Sky Plc gained 2.3 percent. The European pay-TV provider controlled by Rupert Murdoch said first-half revenue rose 17 percent after more customers signed on for its services, and it expanded in Italy and Germany.
Hugo Boss AG fell 5.4 percent after reporting 2014 sales and profit that missed analyst estimates.
Standard & Poor’s 500 Index futures lost 0.1 percent. U.S. companies added 220,000 workers in January, a report from the ADP Research Institute will show today, according to economist forecasts.