Europe stocks gain amid Spain budget

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters
European stocks inched up on Friday, after Spain announced spending cuts and tax rise costing 13 billion Euro, while traders awaited the Spanish bank stress test results later today. The Stoxx Europe 600 Index added 0.3% to 272.51. The IBEX 35 Index outperformed other Spanish indexes and rose 1%. The CAC 40 and DAX 30 indexes each advanced 0.4%, while the FTSE 100 Index gained 0.3%.

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