European stock markets lost a part of their gains after Russian military started exercises along its border with Ukraine. In the morning, European markets were supported by the speech of European Central Bank president Mario Draghi. Mario Draghi said at a banking conference in Amsterdam the European Central Bank could trigger new quantitative stimulus measures to combating the threat of deflation and the credit crunch. A strong euro could also trigger additional action by the central bank.

Alstom SA (ALO) shares increased 13% because of the rumours General Electric Co. want to acquire Alstom.

Telekom Austria shares climbed 6.7% after America Movil announced that the company want to acquire the outstanding shares in Telekom Austria.

Name                                   Price                                    Change                 Change %

FTSE 100                             6,700.8                               +26.06                      +0.39% 

DAX                                     9,545.39                              +1.20                       +0.01%

CAC 40                                4,476.22                              +25.44                     +0.56%