Holly Ellyatt writes for CNBC.com focusing on European macro-economics and politics. She has led digital coverage of the Greek and Russian financial crises and broader euro zone news, as well as covering the U.K. economy, the 2015 election and Brexit debate. Holly joined CNBC in 2012, having worked previously in digital, radio and film production. She studied European Social and Political Studies at University College London (UCL) and Broadcast Journalism at City University.
European equities traded higher Wednesday despite rising geopolitical tensions between Russia and NATO member Turkey.
Russia has turned on its former ally and trade partner Turkey following the downing of a Russian warplane in disputed circumstances on Tuesday.
President Vladimir Putin called Turkey's downing of a Russian fighter jet "a stab in the back" carried out by the accomplices of terrorists.
European markets finished sharply lower on Tuesday after Turkish fighter jets shot down a Russian warplane near the Syrian border.
Manufacturing and services output in the euro zone rose above expectations in November despite the series of terror attacks in Paris.
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