- Eurozone economic confidence rises
- German inflation slows
- US consumer confidence climbs
- Ukraine in talks for first tranche of IMF aid
FTSE 100: 0.41%
CAC 40: 0.74%
FTSE MIB: 1.53%
IBEX 35: 1.27%
Stoxx 600: 0.71%
European stocks ended the week higher as better-than-expected Eurozone economic confidence data pointed to pick-up in the region's recovery.
The European Commission's sentiment index increased to 102.4 in March from 101.2 a month earlier, beating expectations of 101.4.
It is the strongest monthly gain in nearly five years and is likely to ease the pressure on the European Central Bank (ECB) ahead of its policy meeting next week.
The ECB has been urged to take greater measures to tackle a stagnant recovery amid falling consumer prices and high unemployment.
A report today which showed German inflation slowed in March could boost the case for further action by the ECB.
Consumer prices, calculated using a harmonised European Union method, was 0.9%, down from 1% in February, as expected.
The University of Michigan's US consumer confidence index climbed to 80 in March from 79.9 in February, falling short of the 80.5 forecast.
US personal spending increased at a month-on-month rate of 0.3% in February, up from a revised 0.2% rise the month before and in line with analysts' forecasts. Personal incomes rose by 0.3%, as predicted.
Ukraine and IMF hold talks on aid
Ukraine's Finance Minister Oleksander Shlapak said the government was in talks with the International Monetary Fund (IMF) for the first tranche of a $14-18bn bailout package.
The first tranche will include $3bn under a deal, announced on Thursday, to help the heavily-indebted stabilise its economy after months of political turmoil.
The agreement comes amid Russia's annexation of Crimea from Ukraine.
Copper miners rise, insurers fall
A gauge of copper miners rose, including Aurubis and Glencore Xstrata, as the price of the metal rose on hopes China will introduce new stimulus measures.
Resolution and Aviva led insurers lower following report the UK regulator Financial Conduct Authority plans to conduct an investigation in whether charges levied on life-insurance policies were unfair on customers.
Pirelli & C. SpA gained after the Italian tyre maker reported 2013 earnings which beat analysts' estimates.
Intesa Sanpaolo advanced as Italy's second-biggest bank forecast dividend payouts of €1bn this year and €2bn next year.
Deutsche Wohnen climbed after the German residential landlord said annual profit jumped 68%.
The euro climbed 0.05% to $1.3747.
Brent crude futures rose $0.037 to $107.870 per barrel, according to the ICE.