European rout pauses as stimulus calms recession panic
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(Reuters) - European shares edged higher from near-seven year lows on Thursday as another set of dramatic stimulus measures by the bloc's central bank injected a ray of hope around its preparedness to tackle a major health crisis gripping the continent. After volatile trading in Euro Stoxx 50 futures earlier in the day, the pan-European STOXX 600 index was up 0.5% at 0815 GMT, with almost all the major country indexes trading higher. The European Central Bank joined peers in Japan,..