کد خبر: ۲۲۲۹۰۰
تاریخ انتشار: ۱۴:۳۶ - ۰۵ مرداد ۱۳۹۲
European markets have experienced a sharp drop as news of political turmoil in Egypt and Portugal continues to raise speculation and fear in the global economy.



On Wednesday, the eurozone’s bellwether Euro Stoxx 50 slumped 1.3 percent, over news of the ouster of Egyptian President Mohamed Morsi and a risk of a government collapse in Portugal.

Portugal’s stock index fell 5 percent, sending shockwaves across other major European markets including London’s FTSE 100 index - which experienced a 1.2 percent drop.

The German DAX and French CAC both plummeted 1.5 percent, and Spain’s Lisbon PSI-20 index of leading shares fell 5.31 percent, in a sign that the eurozone crisis is far from finished.

Markets in Europe were rocked after Portugal's Foreign Minister Paulo Portas stepped down on Tuesday, a day after Finance Minister Vitor Gaspar quit.

Portugal is witnessing severe budget conditions which have been imposed on the country by a European Union/International Monetary Fund (IMF) bailout.

Meanwhile, experts also said Egypt’s political turmoil threatened a new phase in the eurozone crisis.

The Egyptian president’s ouster on Wednesday came days after massive anti-government protests had plunged the country into chaos and raised fears in global energy markets.
 

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