Europe shares recover on Boehner comment on US fiscal row
LONDON Nov 28 (Reuters) - European shares turned positive in late trading on Wednesday after U.S. House Speaker John Boehner voiced optimism that Republicans could broker a deal with the White House to avoid the "fiscal cliff".
He said that Republicans were willing to put revenues on the table if Democrats agreed to spending cuts.
At 1542 GMT, the FTSEurofirst 300 index of top European shares was flat at 1,107.30 points after falling to a low of 1,100.79 earlier in the session.
- Israel rejects ceasefire plan, source says as death toll nears 850 |
- Bad weather seen as probable cause of Air Algerie crash
- First Ebola victim in Sierra Leone capital on the run
- EU edges to economic sanctions on Russia but narrows scope |
- White House aide says Republicans might try for Obama impeachment