European Market Review

The leading European markets are on a solid incline this afternoon, as most investors tentatively returned to riskier assets after a turbulent week.

The pan-European Stoxx 600 advanced around 1.1% during early afternoon deals, with all sectors and major bourses in positive territory.

 A serious technical issues made Britain’s FTSE-100 from opening for almost two hours on Friday morning. However, after that the index was able to gain around  0.5%.

German lenders are in into an unpleasant position position versus to their European counterparts.

As a matter of fact, the European banking sector has been having hard time with profitability ever since the financial crisis.

Many market analysts feel that the current weak interest rates from the European Central Banks (ECB) as their biggest obstacle in generating massive profit levels.