Also contributing to today's gloom is Friday's shock resignation of the ECB's top German...

|By:, SA News Editor

Also contributing to today's gloom is Friday's shock resignation of the ECB's top German official Juergen Stark over the ECB's purchase of government bonds - a move that could hardly have come at a worse time. "It's the ECB that is holding the show together, so anything that weakens the ECB is bad news," one EU official said.