LONDON (TheDeal) -- European markets bounced back Friday, still buoyed by European Central Bank president Mario Draghi's comments dismissing suggestions he might cut back the bank's €1 trillion ($1.14 trillion) quantitative easing program. Greece, at last, seems to be showing some willingness to act on some of its creditors' demands and the markets in sovereign bonds are calmer than in previous sessions.
In London, the FTSE 100 is up 0.50% at 7,007.766, while in Paris, the CAC 40 is 0.56% higher at 5,057.32. In Frankfurt, the DAX is up 0.38% at 11,603.23. The Athens General Index is down 0.46% at 829.59.
In London, South African brewer SABMiller (SBMRY) is up 1% at 3,636 pence on news that it has agreed to buy British craft beer specialist Meantime Brewing. Craft and local microbrewery beers are the fastest growing segment of Britain's beer sector. Last year London-based Meantime increased its sales by 58% by volume to 11.35 million pints.
Coca Cola Hellenic Bottling (OCCH), a bottler with franchises in Greece as well as elsewhere in Europe, saw its shares rise faster than any other FTSE 100 company, as it reported that its Greek sales volumes are growing at what it described as a percentage "in the low single digits," despite the country having entered recession. CCH shares are up 3.0% at 1,458 pence.
In France, electronics and engineering group Thales (THLEY) was up 2.2% after the company confirmed that Patrice Caine will remain CEO and be in sole charge after the resignation of Henri Proglio as a candidate for a joint leadership of the company.