European markets up, led higher by Milan bourse

IMG title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2014/03/wpid-22a5fe2c5a4d8a200da4409d49ace2d6.jpg” IMG class=hide alt=”European markets up, led higher by Milan bourse” src=”http://www.mineralfossil.com/wp-content/uploads/2014/03/wpid-22a5fe2c5a4d8a200da4409d49ace2d6.jpg” (ANSA) – Milan, March 4 – European stock markets closed sharply higher on Tuesday, led by the Milan bourse, after Russian President Vladimir Putin stated he would only use force in the crisis with Ukraine as a last resort. PReversing a 3.34% drop Monday over the Ukrainian crisis, Milan’s FTSE-Mib was up 3.26% to end the trading day at 20,475 points./PPThe Frankfurt Dax bourse was up 2.46% to 9,589.15 points while London’s FTSE-100 was up 1.72% to 6,823.77 points./PPParis’s CAC 40 gained 2.45% to 4,395.90 points and Madrid’s Ibex index was up 2.51% to 10,126.70./PPThe spread between Italy’s 10-year paper and the ultra-safe German equivalent closed at 182 basis points, with an interest rate of 3.42% – its lowest level since the end of 2005./PIMG id=mediaViewer title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2014/03/wpid-trasp55.gif”ALL RIGHTS RESERVED