European shares fall as banks hit three month low
European shares fell as banks slid to a three month low and rising oil prices stoked inflation fears. Bond yields climbed amid growing economic concerns.
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European shares fell 0.8% to 625.44 points by Thursday morning as banks slumped to a three-month low amid mounting inflation and debt concerns. The drop reflects intensifying stress across euro area debt markets and stubborn energy costs. Investors are weighing whether the ECB can step in as borrowing costs climb across member states.
