Equity markets in Europe skyrocketed Friday after significant losses early in the week. Investors seem to become more confident about the economic situation after governments have announced that they can invest hundreds of billions in the European economy.
The AEX index was up 6 percent by 11 a.m. On Thursday, the Amsterdam index also closed in the plus after losses at the beginning of the week.
In the rest of Europe, stock markets were also on the plus side. For example, the DAX index in Germany gained 5.6 percent and the FTSE 100 index was 5.7 percent higher.
In recent days, more and more governments have presented plans to combat the economic damage of the corona virus. Central banks such as the European Central Bank have also set aside hundreds of billions to support their economies.