European shares slump on Italy stalemate
- 11 years ago
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.
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http://www.euronews.net/
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/