Erbil, September 6 / September (Rn) – European stock markets were closed on the large declines in the red zone what is a worrying indicator of the stock markets and arenas of work and money in Europe.
According to the agency “Aji”, the Italian press that a reaction to the concerns of European countries from the results of their debt crises, in the Wall Streett closed on the occasion of Eid workers.
And burned 254 billion euros of Okiem stock market, while I went unheeded 16.3 billion euros in Milan, Italy.
According to the report, “Aji”, the matter led to the decline in the Italian stock market in general remains a value of 329.5 billion euros of shares.
And saw the basic indicators of European stock exchanges also significant reductions compared to previous days.
At the Frankfurt stock exchange in black Toshan affected the outcome of the elections in a district where he lost the German Christian Democratic Union Party led by Chancellor Angela Merkel.
The DAX fell by 5.28 per cent. Alcak French 40 fell 4.73 percent. Milan wastes to 4.83 per cent.
The decline in the FTSE 100 London by 3.58 per cent.
And which has caused fear and anxiety Declaration of the International Agency for ratings that Moody’s credit rating was placed under Italian control with the possibility of reducing its credit rating.
The agency quoted the Italian World Bank President Robert Zoellick said, “I do not think that the United States and the world will fall into recession again.”
Zoellick was speaking at a press conference held in Singapore in a day arrived when signs calling for the pessimism of the course of the financial markets.