Wednesday, March 20 07:30:54
European stock futures pointed to a higher open today, with the European Central Bank' assurance of providing liquidity to Cyprus seen prompting investors to buy beaten-down stocks.
The ECB had previously threatened to end emergency lending assistance for Cypriot banks before a vote by the country's parliament, which overwhelmingly rejected late on Tuesday a proposed levy on bank deposits as a condition for a European bailout.
At 0711 GMT, futures for Euro STOXX 50, Germany's DAX and France's CAC were 0.3 to 0.4 percent higher. ( C) Reuters