European shares dip as hopes for debt crisis fade

Full story: Vancouver Sun

It has been reported by Reuters Thursday that European shares have dipped amid crashing hopes of a much awaited plan to ease the euro zone debt crisis. In a panic move,  the French President Nicolas Sarkozy flew to Frankfurt on Wednesday to talk with German Chancellor Angela Merkel in a bid to break a deadlock between the European leaders over how to increase the firepower of the region’s bailout fund. But nothing worthwhile seems to have been reached at.

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Posted in: Stock