Stocks slide as EU ministers delay Greece decision

Oct 4, 2011 by Euronews

http://www.euronews.net/ A move by euro zone finance ministers to delay a decision on paying more emergency aid to Greece pushed stocks lower in morning trading on Tuesday.

The 17 euro zone nations are meeting in Luxembourg for a second day of talks, but the postponement of the next instalment of bailout money for Athens has only increased investor nervousness.

French and German stocks were down by as much as three per cent. The UK's FTSE index slid by at least two per cent.

European banks were amongst the biggest losers.

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.