European shares dip; ECB comments on Trichet travel

9. February. 2010
Reuters

European shares fell in morning trade on Tuesday after the European Central Bank said its President Jean-Claude Trichet is changing his plans to leave Australia and return to Europe purely because of logistics.

Earlier, officials at the Reserve Bank of Australia and the ECB said Trichet was cutting short a working visit to Australia so that he could attend a special European Union summit on the economy in Brussels this Thursday. It had raised expectations about a rescue for Greece.

By 1110 GMT (6:10 a.m. EST), the FTSEurofirst 300 .FTEU3 index of leading European shares was down 0.2 percent at 977.86 points.