European stocks crash as spread of coronavirus explodes across continent
European stocks crash as spread of coronavirus explodes across continent
European markets opened significantly lower on Friday, ignoring all the stimulus pledges by governments this week, as the deadly Covid-19 pandemic continues to spread. Europe now accounts for more than half of global infections.
Britain’s FTSE 100 is plummeting more than three percent during early trading in London. Stock markets in Germany and France are down over two percent.
The market fall comes as EU leaders fail to come to an agreement over the economic response to the coronavirus pandemic. During a video conference summit on Thursday, the leaders of the 27-member bloc argued over how to pull their economies through the crisis, with Italy accusing other member states of hav...








