LONDON: European stock markets fell and the euro slipped against the dollar in cautious trade yesterday morning amid lingering eurozone debt concerns despite Greece's new huge bailout.
London's FTSE 100 eased 0.11 per cent to 5,921.72 points, Frankfurt's DAX 30 slipped 0.40 per cent to 6,880.33 points and in Paris the CAC 40 lost 0.02 per cent to 3,464.47. Meanwhile, Madrid shed 0.55 per cent and Milan lost 0.09 per cent.
The euro fell to US$1.3225 from US$1.3238 late in New York on Tuesday.
"Even though Greece has gotten away with it and not defaulted eyes are still focused on the eurozone problems," said Jonathan Bristow, a broker at Valbury Capital. AFP