24 de septiembre de 2014 / 7:39 / en 3 años

European shares halt slide as Draghi pledges continued support

* 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.

The Ifo business climate index was expected to have fallen to 105.7 points in September from 106.3 points in the previous month.

“I think everybody will be careful as there is a real risk of disappointment,” said Mike Reuter, a broker at Tradition.

Some weak corporate updates also highlighted Europe’s economic woes.

Shares in Adecco fell 3 percent after the world’s largest temporary staffing company by sales, seen as a barometer of economic health, said sales in September were weaker than usual, most notably in Germany and France.

Dutch logistics company TNT Express tumbled nearly 10 percent after warning that low growth in Europe would hit margins in the third quarter. It also announced it was setting aside 50 million euros to settle an anti-competitiveness investigation by French authorities.

Further sapping demand for risk, the United States and its Arab allies bombed militant groups in Syria for the first time on Tuesday, opening a new front amid shifting Middle East alliances.

Europe bourses in 2014: link.reuters.com/pap87v

Asset performance in 2014: link.reuters.com/gap87v

Today’s European research round-up (Editing by Catherine Evans)

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