European shares slump on Italy stalemate

euronews (in English)
4.9K
3 views
  • About
  • Export
  • Add to
Italy's election stalemate dragged Europe's stock markets sharply lower as investors worried about how it may reignite the eurozone debt crisis.

That led to a big sell off of bank shares.

The fear is the banks will suffer further losses through debts not being repaid if the region's economy weakens as a result of debt problems in countries such as Italy and Spain.

...
http://www.euronews.net/

0 comments