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    Greek default fallout fears spark European slump

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    euronews (in English)

    by euronews (in English)

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    European markets slumped for a second day amongst mounting speculation Germany is perparing for Greece to default. French Banks BNP, Societe Gererale and Credit Agricole slild more than nine per cent. Rumours increased Moody's may cut their credit ratings because of their Greek holdings. ... http://www.euronews.net/