European stocks opened Thursday in growth
European stocks opened Thursday in growth, investors betting that the European Central Bank will reduce interest of monetary policy and European leaders will reach an agreement to resolve the crisis decisively state debt in the euro area, Reuters.
FTSEurofirst 300 index of the most important European shares rose 0.7% up at 8:05 GMT near the maximum of the last five weeks.
Shares are rising in all sectors, led by banking, advancing by 1%.
Economists expect the ECB to reduce interest of monetary policy Thursday by 0.25 percentage points to 1% in the last session of this year. Also pursuing markets of any signal that the ECB leaders could increase bond purchases program.
France and Germany will try to summit beginning Thursday evening to determine the EU to approve a plan to combat the crisis, which includes primarily a stricter budget discipline in the euro area.
Traders considered that the market is prepared and a possible program of "quantitative easing" by the ECB, similar measures taken by the U.S. Federal Reserve and the Bank of England in the global financial crisis of 2008-2009.
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