By  on May 30, 2013

LONDON — Ahead of data expected to show that the U.S. housing market is growing and after the European Commission said it will allow some EU member states to slow their pace of austerity cuts, Europe’s main indexes were mostly up in mid-morning trading today.

The FTSE MIB rose 0.5 percent to 17,316.77 points. The CAC 40 in Paris climbed 0.2 percent to 3,981.66, and London’s FTSE 100 inched up 0.1 percent to 6,633.53.

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