Europe shares fall as global share sell-off continues

Eurozone stock markets have continued the steep share sell-off, with investors are worried about both the eurozone debt crisis and the weak US economy. Asian stock markets are also effected with this fear.

In volatile trade, the UK's benchmark FTSE 100 index and Germany's Dax index were both shred down more than 2%.
This is happening due to "fear" affecting investments and dissatisfaction about lack of government action.
But European Commissioner Olli Rehn said he thought the movements were "unjustified" and "incomprehensible".
Mr Rehn, who is Economic and Monetary Affairs Commissioner, tried to assure markets by saying "the political will to defend the euro should not be underestimated".
He stressed that measures to improve the scope and effectiveness of the 440bn-euros rescue fund, the European Financial Stability Facility, agreed last month, these funds should be in place by September.