Europe shares recover on Boehner comment on US fiscal row

LONDON Wed Nov 28, 2012 3:46pm GMT

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.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.