European shares slip on U.S stimulus view


12/07/2012 11:38 AST  Reuters

European shares fell on Thursday, taking their cue from Wall Street and Asia which saw poor overnight showings after the minutes to the U.S. Federal Reserve's June meeting dampened hopes for fresh risk-asset-boosting stimulus in the near term.

The FTSEurofirst 300 weakened 0.8 percent to 1,031.11 by 0703 GMT, having closed flat on Wednesday.

The Fed minutes showed the world's biggest economy would have to worsen further before the central bank eased monetary policy further. A few officials thought more stimulus was justified, but the majority were unconvinced.

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