Italy debt fear sparks stock market drop
The Italian stock market has fallen by more than 4% over fears that the eurozone's debt crisis is spreading.
Other European stock markets fell heavily on Monday: in France the Cac index fell 2.7%, Germany's Dax fell 2.3%, and London's FTSE 100 was down 1%. US markets were also down.
Eurozone finance ministers were holding talks on a new aid plan for Greece, but this was overshadowed by fears of contagion spreading to Italy and Spain.
David Willey reports from Rome.
11 Jul 2011
- From the section Business