The main entrance of the stock exchange palace in Milan pictured on August 5, 2011. Italian stocks recovered from a wave of panic selling on Friday following an uptick in growth in the second quarter and amid market rumours that the European Central Bank was buying up government bonds. The main FTSE Mib stock market index in Milan moved into positive territory after dropping more than four percent at the start of trading. At around 0930 GMT the index was up 0.54 percent after a drop of 5.16 percent on Thursday. AFP PHOTO / OLIVIER MORIN (Photo credit should read OLIVIER MORIN/AFP/Getty Images)