European stocks this year, a record number of gains due to economic prospects ab

Reuters survey released on Wednesday, the European stock market this year and early 2018 is expected to hit a single digit increase, because the economic outlook is more beautiful and cheap valuation, overshadowed the political side of the doubts.

Reuters surveyed brokers, fund managers and analysts over the past week showed that the pan-European STOXX 600 index and the Eurozone STOXX 50 index rose about 5-6% this year and are expected to rise further next year.

"Better prospects for the economy and inflation should make the region a strong attraction," said Roland Kaloyan, head of strategic planning at Hennessy Societe Generale.

"At the same time, the euro area stock market value (net price ratio, the book value) lower than the US stocks 47%, and the euro has also been greatly derailed," he said.

In France in April, the May presidential election and the German congressional elections in September before the variable still, with the British last year's referendum resolution after the European political outlook is uncertain, it is more worried about the spread of populism in Europe.

But there are more signs that the European economic recovery is increasing, so the worst case concerns seem to be easing.

The STOXX 600 and Euro STOXX 50 indices are expected to reach 380 points and 3,500 points at the end of this year, up from the 366 and 3,255 points estimated by the previous quarter survey.

The survey estimates that the two indexes are expected to reach 400 points and 3,690 points in 2018 respectively.