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European stocks rose after a good start in early trading fuelled by ECB president Mario Draghi's hints at the European banking congress that more monetary easing could help European economy's recovery and that policy makers have to bring inflation back to target as fast as possible. Size, pace and composition of the economic stimulus can be adjusted. At the moment there are no indications that economic growth will increase significantly in the months to come, he further stated. The FTSE 100 index is currently trading +0.69% at 6,725.27 points, Germany's DAX 30 gained +1.59% trading at 9,634.79 points and France's CAC 40 is up +1.46% currently quoted at 4,295.87 points leaving them on course for weekly gains.
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