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Europe stocks take fright at weak Spanish bond auction
(MENAFN- AFP) European stocks dropped sharply on Thursday after Spain fell short of target in a sale of long-term bonds amid acute concern over a global growth slowdown which has hit market confidence.
The Paris, Milan, Madrid, Lisbon and Amsterdam exchanges each fell by more than 3 percent, while Frankfurt was down more than 2 percent and London 1.8 percent.
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