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Stocks reflect plummeting confidence in the Eurozone # 01.11.2011 21 Uhr # Journal Englisch

Constanze Tress
November 1, 2011

Stocks have not reacted well - we saw a major selloff here in Europe - with the Dax down by more than 6-percent at one point. Investors are nervous about the consequences of this possible Greek vote for the rest of the Eurozone. Especially the banks are bracing themselves for bigger losses if Greece was to leave the Eurozone.