European shares pegged back by lingering concerns over Greece
11 May 2015, Nirapad News: European shares slipped lower on Monday as lingering concerns over Greece’s debt situation pegged back the region’s stock markets. Shares in plane maker Airbus also fell after an Airbus A400M military transport plane crashed outside Seville on Saturday, killing four test crew and prompting Britain and Germany to ground Europe’s new troop and cargo carrier.
The pan-European FTSEurofirst 300 index edged down by 0.1 per cent to 1,589.10 points in early session trading, with Airbus shares falling 3 per cent to make them the worst performers on the FTSEurofirst 300.
Among stocks gaining ground, shares in Belgian supermarket chain Delhize and Dutch retailer Ahold surged 12.6 per cent and 8 per cent respectively after Belgian newspapers reported that the two companies had begun talks on a possible merger.