European shares fell on Thursday, led lower by weaker banking stocks, as investors grew increasingly sceptical that concrete measures would be agreed upon at the latest European Union summit to tackle the region's debilitating debt crisis.
The FTSEurofirst 300 index was down 0.8 percent at 992.63 points, while the Euro STOXX 50 index fell 1.1 percent.
Markets had initially risen at the start of trading but then lost ground, as weaker bank stocks started to weigh on equities.
The STOXX European bank index fell 1.6 percent, with Deutsche Bank declining by 2 percent while France's BNP Paribas fell 1.8 percent.
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