Share report: European stocks rise on Draghi comments

European markets climbed higher before closing on Thursday as European Central Bank president Mario Draghi said the bank may soon act to tackle the euro zones low inflation.

8th May, 2014
In Dublin, the Iseq was up 1.6%

European markets climbed higher before closing on Thursday as European Central Bank president Mario Draghi said the bank may soon act to tackle the euro zone's low inflation.

For now, the ECB has kept its record-low inflation rate of 0.25 per cent.

The Stoxx Europe 600 Index rose to its highest level in more than six years following Draghi’s comments.

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