After an early attempt at a rally, European shares are in the red and at session lows, the Stoxx...

|By:, SA News Editor

After an early attempt at a rally, European shares are in the red and at session lows, the Stoxx 50 decline of 1.2% led by Milan -2%, and Madrid -1.6%. Spain's recently bailed out Bankia is off 21% following an 11% decline yesterday. A local paper reports depositors have withdrawn more than €1B from their accounts in the last week.