TIMES ONLINE: Shares plunged across Britain, Europe and America today over fears that a €750 billion (£650 billion) rescue package may not be enough to stem the eurozone debt crisis.
The FTSE 100 index tumbled by 153.74 points to 5,279.99, a 2.8 per cent fall, while the Dow Jones industrial average fell 163.70 points to 10,619.25 within minutes of opening.
Meanwhile, the euro dipped below the $1.25 level for the first time since March last year, trading 0.4 per cent down at $1.244 — the lowest since November 2008.
The currency has lost ground all week after hitting $1.31 in the wake of the rescue deal announced last weekend by the European Union and IMF, which briefly boosted sentiment. >>> Nic Fildes, Graham Keeley, Francesca Steele | Friday, May 14, 2010
Related / Verbunden:
NZZ ONLINE: Nichts kann die Talfahrt des Euro stoppen: Gemeinschaftswährung auf dem tiefsten Stand seit November 2008 >>> sda/dpa | Freitag, 14. Mai 2010
