European shares halt slide as Draghi pledges continued support

miércoles 24 de septiembre de 2014 03:35 GYT

* FTSEurofirst 300 pct up 0.1 pct, halts 2-day slide

* ECB Draghi says monetary policy to stay loose

* Adecco and TNT fall, flag weakness in Europe

* Ifo eyed at 0800 GMT

By Francesco Canepa

LONDON, Sept 24 (Reuters) - European shares halted a two-day slide on Wednesday, helped by supportive comments from European Central Bank chief Mario Draghi, although the mood remained cautious ahead of a key German sentiment survey.

Speaking in a French radio interview Draghi said the ECB would keep monetary policy loose for as long as it takes to push up inflation in the euro zone from near zero towards the level of just under 2 percent targeted by the ECB.

At 0704 GMT, the pan-European FTSEurofirst 300 index was up 0.1 percent at 1,376.45 points, having shed nearly 2 percent over the previous two days.

After a raft of worse-than-expected economic data from euro zone countries, including German and French business surveys on Tuesday, investors were braced for more disappointment when Germany's Ifo business morale index is published at 0800 GMT.   Continuación...