European stock markets have staged a recovery after a week of precipitous falls and volatility.
London's FTSE 100 index was up nearly 1% in mid-morning trading, while Germany's Dax and France's Cac 40 were both up 1.5%.
Concerns over a weakening European economy and downwardly revised growth forecasts from the International Monetary Fund had unsettled investors.
But better-than-expected US industrial production data helped steady the ship.
The FTSE 100 has fallen 10% since early September, wiping £175bn off the value of listed businesses.