European shares close sharply lower, as buyers stage a strike ahead of Bernanke tomorrow and the...

|By:, SA News Editor

European shares close sharply lower, as buyers stage a strike ahead of Bernanke tomorrow and the ECB next week. In 2011-redux (and making even less sense now then it did then), China is again trotted out as savior to the EU periphery. Stoxx 50 -1.2%, Germany -1.6%, France -0.5%, Italy -1%, Spain -1.5%, U.K. -0.5%.