Lunedì, 24 Settembre 2018

European markets decline amid economic growth concern


Milan, November 8 - Markets fell across Europe on
Thursday, paced by Milan's FTSE MIB index, as stocks declined
amid concern about slowing economic growth.
European Central Bank Governor Mario Draghi said growth in
the 17-member euro region remains weak, though it is sustained
by the bank's monetary policy.
Inflation in the eurozone is expected to remain above 2%
for the rest of 2012, and only to drop below that mark next
year, Draghi added. The ECB today kept its rates unchanged at
Italy's Ftse Mib index fell 0.6% to 15,164 points.
The yield spread between 10-year Italian bonds and the
German benchmark closed at 365. The spread is a barometer of
Italy's borrowing costs in the eurozone crisis.
The Frankfurt Dax bourse closed down 0.3% at 7,204 points,
while the Paris Cac 40 Index closed little changed at 3,407
Madrid's Ibex index fell 0.5% to 7,624 points. London's
Ftse-100 stock market closed down 0.3% to 5,776 points.

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