Europe closes sharply lower for a 2nd straight day, managing to give up more than half of the...

|By:, SA News Editor

Europe closes sharply lower for a 2nd straight day, managing to give up more than half of the previous month's gains in just two sessions. Stoxx 50 -5.6%, Germany -5.2%, France -5.3%, Italy -6.7%, Spain -4.8%, U.K. -2.4%. The euro -1.1% at $1.3709. Financial ETF: EUFN -6.5%. Stocks in Athens: -6.9%.