European equities try to recover after disappointing ECB decision



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Traders on the Frankfurt Stock Exchange Thursday. Photo: Reuters

(Reuters) – European equities rose slightly on Friday, a day after the fall of a statement by the European Central Bank (ECB) prompting less-than-expected monetary easing, supported by the ramp-up of the Fed. 39, Vivendi mobile operator from Vodafone.

ECB President Mario Draghi pledged on Thursday an increased easing of monetary policy and even suggested a reinterpretation of the European Central Bank's inflation target, which however disappointed some investors who hoped to facilitate an immediate reduction in interest rates.

At 0711 GMT, the European benchmark was up 0.1%.

Vivendi shares rose 4% after the good results of the first half of its Universal Music group, strengthening the chances of the French media giant to sell its most valuable badet.

Vodafone jumped 7.3% on the project to transfer its mobile telephony business in 10 European markets to a new company that it is likely to list.

Prepared by Moataz Mohammed for publication in Arabic

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