U.S. stocks traded lower on Wednesday as key tech earnings disappointed most investors, including those from Microsoft and Yahoo. This weighed on European technology stocks, with the pan-European STOXX 600 technology sector finishing around 1.6 percent lower.
Brighter news came from Danske Bank, which reported better-than-expected earnings on Wednesday. This sent its shares up to close over 3.2 percent higher.
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Easyjet was another bright spot, ending trade up around 4.9 percent, after the airline reported strong profit guidance.
However, U.K. telecoms group TalkTalk warned on tough competition in the broadband market on Wednesday, pushing shares in the company down around 8.9 percent.
Meanwhile, Greece is being watched by investors as the country's parliament prepares to vote Wednesday on a second set of reforms that are vital for it to secure a third bailout package.
Elsewhere, U.K. Finance Minister George Osborne's austerity program went a step further on Tuesday as he challenged some government departments to find spending cuts of up to 40 percent by the end of the decade.