(AGI) Rome, July 21 - The European exchanges closed on anegative note, particularly influenced by the tensions inUkraine, the new U.S. sanctions against Moscow and the alarmraised by Bundesbank, which projected an unchanged German GDPfor the second quarter of the year. Milan posted the worstresults, after the FTSE MIB lost 1.48 percent. Londonbackpedalled 0.31 percent, Frankfurt slid back 1.11 percent,Paris plunged 0.71 percent, and Madrid IBEX dropped 0.43percent. . .