European shares have recovered today at the start of transactions, after the worst daily performance of the last six months as the Christian Union (CDU/CSU) and the Social Democratic Party (SPD) in Germany agreed to relax its so -called ‘debt brake’.

The German Blue-Chip index recorded 2.6% jumping at 10:11 hours of Greece, close to high record levels.

The Pan -European Stoxx 600 index rose 1.1%. The reference index recorded yesterday its worst daily performance since August 2024 as new duties of 25% of US President Donald Trump have entered into force on imports from Mexico and Canada.

The parties hoping to form the next German government agreed to establish a special fund of 500 billion euros and the relaxation of the “debt brake” to cover defense spending and boost growth.

The yield on 10 -year German reference bonds made a jump of 20 basis points to 2,680%.

The shares of German construction companies and weapons manufacturing companies have jumped. The share of the Heidelberg Materials cement industry reinforced by 7.8%, the service company in the Bilfinger industry recorded a jump of 11.7%, while the Hochtief manufacturing group rose 7.6%.

The European banks industry was the one with the highest growth, with a profit of about 4%.