European shares rise to highest level in seven years after the adoption of quantitative easing

European shares rose in trading Thursday after the European Central Bank Governor Mario Draghi to announce the adoption of the bank to the program of quantitative easing (quantitative stimulus) by 60 billion euros a month, starting from the month of March / March 2015 until September / September 2016.

The main European index Stoxx 600 rose 0.94%, to trade at exactly 15:22 GMT, on the levels of 361.58 points.

The governor of the European Central Bank Mario Draghi has stressed that the procedures followed by the European Central through quantitative easing program will continue until inflation levels show a rise toward the goal of the bank at 2% over the medium term.

Hence, the European Central back and renews its commitment to support the euro zone having already entered into deflation, where the ECB wants to push inflation to 2%.

Draghi noted that the ECB will continue to be diligent in the risks associated with future price developments in the medium term surveillance, also stressed the negative risks associated with future prospects.

If, Draghi's comments increased investor appetite towards equity markets, which helped European shares rise to their highest levels in seven years, with expectations of consistently positive impact for future sessions.

The French CAC 40 index rose by 1.29% to trade around 4542.58 points, levels, while the German index rose by 0.86% to trade around the region 10384.82 levels and, finally, the index rose 0.80% to trade around 6781.87 points, levels.