Stock indices closed higher as the European Commission said that it commits €2 billion to help Greece and on quantitative easing by the European Central Bank.

Eurozone's adjusted current account surplus rose to €29.4 billion in January from €22.5 billion in December. December's figure was revised up from a surplus of €17.8 billion. Analysts had expected a surplus of €21.3 billion.

The public sector net borrowing in the U.K. climbed to £6.2 billion in February from -£8.9 billion in January, exceeding expectations for a rise to £7.7 billion. January's figure was revised up from -£9.7 billion.

The decline was driven by a strong recovery income taxes.

Indexes on the close:

Name Price Change Change %

FTSE 100 7,022.51 +60.19 +0.86 %

DAX 12,039.37 +139.97 +1.18 %

CAC 40 5,087.49 +50.31 +1.00 %