European concerns?

Wednesday, June 06, 2012 11:20:00 AM Categories: Europe

There continues to be ongoing speculation about the future of the eurozone due to the problems in Greece and how this is spreading to areas such as Portugal, Spain and Italy. There have been reports in the last few days that Spain was seeking an immediate bailout from eurozone funds but this has been denied by Spain's economy minister.

Clearly this level of concern over Europe has had an effect on global stock markets, with the FTSE 100 dropping 6.8% in the month of May alone.

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