European Shares Climb

European shares showed increases interest in the operations on Thursday following the decision of the U.S. Senate to support the U.S. financial rescue plan.

As expected, analysts have said that the increase is because investors are hoping that the House of Representatives decided to pass the new law on financial bailout.

In the middle of the day, the British FTSE 100 was up 0.7%, while the French Cac was up 0.3%. It should be noted that these increases also come after France confirmed that it conducted a summit on the financial crisis.

As reported by the French government, this special meeting will serve to coordinate a response to the financial problems affecting the European members of the G8 few days before the world’s financial leaders meet in Washington.

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