European Markets Were Flat With Draghi’s Explanations

As of February 7, European stock markets were almost flat. The explanations from the European Central Bank President Mario Draghi supported the markets. Draghi said that European economy would recover after this year. As a result, in the light of the concerns related to the debt-crisis, FTSE 100 and Stoxx 50 fell by 1.06% and 0.74%, respectively, while DAX slightly rose by 0.13%.