European shares take lift from Draghi's dovish tone
* FTSEurofirst 300 up 1.9 percent, extending gains
* ECB downgrades inflation view, says bond-buying adjustable
* EasyJet surges on positive profit outlook (Recasts, adds quote, detail)
By Alistair Smout
LONDON, Sept 3 (Reuters) - European shares rose sharply on Thursday, extending earlier gains as the European Central Bank delivered a dovish message from its first meeting after weeks of market turmoil.
Shares rallied as the euro fell after ECB President Mario Draghi cut inflation forecasts and said the bank was willing to adjust or extend its bond-buying programme of quantitative easing if necessary.
"Today's ECB press conference was significantly more downbeat in terms of the outlook for euro zone growth and inflation," Alastair George, Chief Strategist at Edison Investment Research, said.
"Today's comments have generated the now-traditional QE effect of putting downward pressure on the currency and upward pressure on bonds and equities."
At 1334 GMT, the FTSEurofirst 300 index of top European shares was up 1.9 percent at 1,422.15 points. Continuación...