GLOBAL MARKET NEWS - EUROPEAN MARKETS
European shares hit a fresh five-month low on Monday after losing more than 5 percent last week as investors remained jittery about the ability of Greece and Spain to deal with their debt problems and due to concerns about the banking sector.
At 0812 GMT, the FTSEurofirst 300 index of top European shares was down 0.5 percent at 965.86 points after falling to a low of 964.66, the lowest since December. The index fell more than 5 percent last week.
European shares hit a fresh five-month low on Monday after losing more than 5 percent last week as investors remained jittery about the ability of Greece and Spain to deal with their debt problems and due to concerns about the banking sector.
At 0812 GMT, the FTSEurofirst 300 index of top European shares was down 0.5 percent at 965.86 points after falling to a low of 964.66, the lowest since December. The index fell more than 5 percent last week.
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