Italy'S Debt Worries Intensified &Nbsp, And The European Stock Index Fell 1.73% On Wednesday.

On Wednesday morning, Beijing time, on Wednesday, the LCH.Clearnet announced the increase in margin requirements for Italy's treasury bonds, leading to a 7% jump in benchmark yields in Italy.

The pan European Dow Jones index closed down 1.73% at 236.34 on Wednesday.

The unfavorable European stock market situation also led to the low opening of the US stock market. The Dow Jones Industrial Average closed near the European stock market close to 2%.

LCH.Clearnet, the largest independent settlement service in Europe, announced on Wednesday that it would raise the margin requirement for Italy's treasury bond pactions. Italy's ten year benchmark treasury bond yield soared above 7%.

One day before that, Premier Berlusconi just agreed that he would resign after the new budget was approved by Parliament.

"Things are getting worse and worse," said Luis Cooper (Louise Cooper), a marketing analyst at BGC partnership. "Traders are starting to bet on Italy because the market generally thinks the country is already heavy.

The Italy financial times MIB index plunged 3.78% on Wednesday to close at 15071.77 points: Berlusconi's media group Mediaset (MS) plunged 12.04%; joint St Paul Bank (ISP) and interim Bank (MB) fell 4.25% and 4.29% respectively.

In Greece, the outgoing prime minister Papandreou said in a statement that Greece would continue to implement the latest aid plan, but did not specify who would succeed him in the pitional government under discussion.

Greece's ASE composite index fell 1.61% to 767.11 points: Greek National Bank (ETE) shares fell 6.5%.

The main regional index, the French CAC 40 index fell 2.17%, closed at 3075.16 points; Germany DAX 30 index fell 2.21% to 5829.54 points; the British financial times 100 index fell 1.92%, to 5460.38 points; Spain IBEX 35 index dropped 2.09%, to close to the point.

In the financial sector, German commercial banks (CBK) and Deutsche Bank (DBK) fell by 6.1% and 4.4% respectively, Allianz (ALV) fell 5%, and GLE and Paris Bank (BNP) fell 3.01% and 2.04% respectively, and Ansheng insurance (CS) fell 4.87%.

British HSBC (HSBA) reported third quarter earnings, global banking income declined, share price fell 5.8%, Barclays Bank (BARC) and Lloyd Bank (LLOY) fell 5.47% and 4.74% respectively; insurer A De Maier group (ADM) issued a full year profit warning, shares fell 25.61%.

Other companies reported that commodity prices were falling along with major stock indexes, dragging down shares of Kazakhstan Metals Group (KAZ) and Vedanta Resources (VED) by 2.89% and 2.50% respectively, while Antofagasta (ANTO) shares fell 2.89%.

German post (DPW) raised its full year earnings forecast and announced its positive third quarter earnings. The stock price went up 3.8%. The French geographic information service company CGG (GA) lost its earnings in the third quarter, and released optimistic expectations, and the stock price rose 6.95%. Will Tas