Markets
German stocks plunge more than 5.0 percent
FRANKFURT : Germany's blue-chip DAX 30 stocks index sank more than 5.0 percent in midday trading on Tuesday amid turm
FRANKFURT: Germany's blue-chip DAX 30 stocks index sank more than 5.0 percent in midday trading on Tuesday amid turmoil set off by the shock announcement of a Greek referendum on last week's EU debt rescue package.
Bank shares led the plunge, and at 1156 GMT the index was showing a loss of 5.27 percent to 5,817.45 points.
Copyright AFP (Agence France-Presse), 2011
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