European indices have responded to the growth of the results of stress tests of Spanish banks. The results show that the necessary amount of additional capital for Spanish banks was 59.3 billion euros, which was less than the 100 billion euros that had been previously agreed with the European Union as an aid to the financial sector. Also continues to be influenced by Spain's acceptance of the budget for 2013, which laid the measures to reduce budget expenditures.
The unemployment rate in the euro area in August was 11.4% (forecast 11.4%), this is 18.2 million people, a record high.
FTSE 100 5,796.62 +54.55 +0.95%
CAC 40 3,402.12 +47.30 +1.41%
DAX 7,303.64 +87.49 +1.21%
Xstrata shares were up 1.8% as its board has recommended that shareholders vote in favor of, the absorption of $ 33 billion Glencore International Plc. Nokia capitalization decreased by 0.7% after Credit Suisse Group AG downgraded the market.
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