Dovish Draghi helps European stocks end higher

jueves 6 de noviembre de 2014 13:42 GYT
 

(Adds closing levels, quotes, details)

* FTSEurofirst 300 pares early losses, rallies after Draghi

* Euro zone gloom seen curbing gains

* Credit Agricole CEO raps France's lack of 'clear vision'

By Blaise Robinson and Sudip Kar-Gupta

PARIS/LONDON, Nov 6 (Reuters) - European shares pared early losses and ended higher on Thursday after European Central Bank President Mario Draghi said the bank's governing council was unanimous in its commitment to using additional unconventional measures if needed.

Draghi said the ECB aims to increase the size of its balance sheet towards the levels of 2012, repeating language that had annoyed some policymakers.

"He's still suggesting that QE (quantitative easing) is on the table," said Hantec Markets analyst Richard Perry.

Earlier this week, sources told Reuters national central bankers in the euro area planned to challenge Draghi over what they see as his secretive management style and erratic communication and will urge him to act more collegially.   Continuación...