Greek Debt Dragged Down European Shares By 2.52%&Nbsp, And France's Stock Market Fell By More Than 4%.

Monday, Greece The market fears that are inevitably heading for default continue to rise. On the same day, a number of French banks may be rated for reasons of greater exposure to Greek bonds. Downgrade The market rumors led to a general decline in the European stock market financial sector, dragging down the European stock index fell sharply by 2.52%.

The pan European Dow Jones index closed down 2.52% at 218.93 on Monday. The index fell 2.6% on Friday in an important member of the European Central Bank's Council following the unexpected announcement of the departure of policy differences. The pan European Dow Jones index fell by about 3.7% last week.

Peter Dickson, an analyst at Commerzbank (Peter Dixon), said in a report on Monday that "the usual rules are no longer valid in the current environment. Basically, fear, uncertainty and all bad things get together to create a serious market panic. Now do not mention the fundamentals or the valuation principle.

The euro zone sovereign debt crisis continued to affect global stock markets on Monday, and the Asia Pacific market generally fell. The main index of the European stock market index, the French CAC 40 index fell 4.03%, to 2854.81 points: Paris, France (BNP) plunged 12.35%; French Agricultural Credit Bank (ACA) fell 10.64%; Industrial Bank (GLE) fell 10.75%, the insurer AXA Group (CS) fell 9.73%.

Societe Generale issued a statement on Monday trying to appease investors' doubts about the bank's exposure to Greek bonds. The statement said it would release 4 billion euros ($5 billion 400 million) of capital by selling its business assets by 2013. Societe Generale's statement was made for media coverage during the weekend. It was reported that Moodie investors services of rating agencies may be downgraded by the French banks in their excessive exposure to Greek bonds. In a statement on Monday, Societe Generale said that even if they were downgraded, they would not change the outlook of the bank.

On the other hand, an explosion at a nuclear waste disposal facility in southern France has killed one person.

Greece may not be able to meet the terms of the aid loan. appropriation Worries escalated on Monday, and the cost of guaranteeing default on European banks and government debt was soaring. Last week, media reports said German government officials had begun to plan to protect their banks from Greek default. The German DAX 30 index fell 2.27% on Monday, at 5072.33 points: DBK dropped 7.3%, and German Commerzbank (CBK) fell 8.3%.

Italy financial times MIB index fell 3.90%, Spain IBEX 35 index fell 3.41%: Italy Yuxin Bank (UCG) fell 10.9%, Santander Bank of Spain (SAN) fell 4.69%. Greece's ASE composite index fell 4.43% and NBG declined nearly 8%.

Important constituent stocks of other financial sectors: Holland International Group (ING) acquired the first capital financial group group's online banking business and began to accept the Federal Reserve's examination, and its share price fell 8.59%. HSBC (HSBA) Hongkong business supervisor resigned unexpectedly, and its share price fell 2.37% after falling to a two-year low. The Royal Bank of Scotland (RBS) fell 3.40%, dragging down the 100 index of the financial times of the UK by 1.63%, to 5129.62.

The Independent Commission on Finance issued the final version of the relevant report on Monday, announced the cost estimates for the reform of the financial sector, and proposed the deadline for implementing these reforms. The details of the report are basically in line with market expectations.

In terms of resource sector, the British Royal listed Shell Companies (RDSA) fell 1.36% in Holland, and the Rio Tinto Group (RIO) fell 1.52%, and BLT fell 1.40%.