Europe shares rise on gains in retail, health stocks

LONDON Thu Jan 17, 2013 12:14pm GMT

LONDON Jan 17 (Reuters) - European shares pared back earlier losses to trade in positive territory on Thursday, boosted by gains at French supermarket retailer Carrefour and at healthcare stocks.

The FTSEurofirst 300 index, which had spent much of the morning session in negative territory, was up by 0.2 percent to 1,161.96 points by around midday.

French group Carrefour added some of the most points to the FTSEurofirst 300 index as it rose 8.1 percent after posting fourth-quarter sales figures.

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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.