India, March 18 -- European stocks closed on a firm note on Tuesday, after Germany's Bundestag approved a crucial fiscal package, with 513 votes going in favor of the bill, and 207 votes disapproving the bill.
The passage of the bill enables Germany's debt brake to permit increased spending on defense and creation of a 500 billion euros infrastructure and climate fund. The package, which is backed by the CDU/CSU, SPD and Greens, now await Bundesrat approval later in the week.
Data showing a sharp improvement in Germany's investor confidence contributed as well to the positive mood in European markets.
The meeting between U.S. President Donald Trump and Russian President Vladimir Putin was also in focus.
The pan European Stoxx 600 climbe...