It is a vertical fall that of the Milan Stock Exchange which does not seem to find bottom and which closes with a crash of more than 6%. We are at the lowest since the end of March 2009, when the Ftse Mib dropped to 12.621 points.
The other European Stock Exchanges also fell sharply, starting with Madrid which lost 4%, Paris 4,52%, the Ftse 100 2,50% and the Dax 4,23%.
Throughout Europe, bank stocks are being sold, which are particularly suffering in France and Italy.
In Milan, bursts of suspensions for banks including Intesa Sanpaolo, Ubi, Unicredit, Banco Popolare, Popolare Milano, Mps.
The spread between ten-year BTPs and bunds widens again to 289 basis points
