Update: 05/08/2011 - economy - Europe - finance
European markets tumble amid euro zone debt fears
European shares plunged to 14-month lows upon opening Friday, amid rising concerns that the euro zone debt crisis would spread to Italy and Spain. Shares in European markets were down 2.8%, following similar trends in US and Asian markets.
News Wires (text)
link-
http://www.france24.com/en/20110805-economy-finance-european-markets-tumble-on-euro-zone-debt-fears