June 16, 2011

Europe stocks tumble, led by banks, resources

European stock markets opened sharply lower on Thursday amid worries about Greece, with banks and resource stocks leading the decliners.

France CAC 40 index fell 1.3% to 3,758.16
German DAX 30 index sank 1% to 7,045.85
UK FTSE 100 index fell 1% to 5,682.36

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