European Shares Rose Supported by The Travel Sector

Hungary, Poland, and Estonia are among European nations that are unhappy with plans to launch a minimum global

European shares rose in early trading today, Thursday, supported by gains in the travel and entertainment sector, which rose more than 1%, and with the follow-up to the latest developments in the Coronavirus pandemic.

In remarks to lawmakers in the House of Commons Treasury Committee, Andrew Bailey, the governor of the Bank of England, expressed his concern that inflationary pressures could persist longer than previously expected due to higher energy costs, as economic data yesterday revealed that inflation rose to a 30-year high. during December.

At the same time, the United Kingdom intends to lift most of the restrictions related to the pandemic on the twenty-seventh of this month, as the wearing of a muzzle will not be mandatory.

In terms of trading, the “STOXX 600” index rose by 0.20% to 481 points, during trading, while the French “CAC” declined 0.24% to record 7,156 points.

The German DAX rose 0.26% to 15,850 points, and the British FTSE 100 increased 0.33% to 7,614 points.