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Markets drop on eurozone worries
Concern over the eurozone debt crisis has continued to weigh on financial markets. The euro fell more than a cent against the US dollar, to $1.5816 as an interim Greek government was sworn in to steer the debt-ridden country into repeat elections in June. European share indexes were lower, led by financial stocks. Shares in Spain's Bankia dropped 15%, which reflects broader fears about the health of the Spanish banking sector. Shares in French banks like Societe Generale and BNP Paribas dropped more than 3%. In Germany, Deutsche Bank fell 1.9% and Commerzbank dropped 1.4%. The stock exchange Deutcshe Boerse was down ... (full story)
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- benfuad13
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