Greek and Spanish fears hit markets again

BBC reported that European markets suffered on Friday as concern continued over Greece and Spain. Spain’s main index is trading higher after losing more than 2% early on. Some investors moved money into German bonds, which are seen as low-risk. The oil price also fell, reflecting worries about the global economy.

The Guardian reported that in the financial markets, the FTSE 100 remains sharply lower, down 53 points at 5285, at its lowest point since 30 November. The German DAX and French CAC markets are also still in the red, both down around 0.6%.

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