European stock markets have closed down sharply after being in positive territory most of the day.
The German DAX suffered one of the bigger losses of any national index, ending Thursday's trading down 2.5 percent. The taildive came quickly in the last half hour after Wall Street started moving downwards as traders remain jittery despite yesterday's interest rate cut by major central banks. Afghan civilians killed in incident with German soldiers ...
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EU to slam Bulgaria over graft, freeze funds: report ... Governments around Europe continue to act strongly to stem skittishness on the finance markets. Belgium, France and Luxembourg have agreed to a new rescue package for Dexia bank. They guaranteed the distressed institute credit for one year.
(Deutsche Welle)
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