European shares fell to a three-month low in brisk volume on Monday and braced for a bumpy ride as worsening global economic conditions and political uncertainty in France and the Netherlands threatened to deepen the euro zone's crisis.
The pan-European FTSEurofirst 300 index fell 24.32 points, or 2.3 percent, to 1,021.76, a level not seen since mid-January, having traded 123.2 percent of its 90-day volume average.
The plunge came as data showed the euro zone's private sector unexpectedly slumped in April, denting the demand outlook for European corporates and potentially hampering governments' efforts to balance their budgets.
While it eagerly awaits the outcome of the ongoing deliberations between the P5+1 and Iran on Tehr
DEC, ESCWA to promote intra-Arab trade
Communication and Information Unit - in partnership with the Dubai Economic Council (DEC), the Economic and Social Commission for Western Asia (ESCWA) is organising an expert group meeting on “Macro