European stocks look set to open higher on Friday, with early-morning data showing the U.K. economic growth stalled in July.

The pan-European Stoxx 600 was flat at 8:30 a.m. in London (3:30 a.m. ET), with no broad consensus movement among sectors and major bourses.

Data released on Friday morning showed that the U.K. economy recorded zero growth in July , following a 0.4% economic expansion the previous month. The economic flatlining adds to the Bank of England's considerations as it prepares to update its monetary policy next week.

On Thursday, the European Central Bank left its key interest rate unchanged in a highly anticipated move.

In corporate news, Spanish lender Sabadell 's board unanimously recommended the bank's shareholders reject a hostile takeover

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