By and  on December 12, 2011

Investors pushed markets down today and kept a wary eye on the European Union's plan to draw closer together — even as Britain, which has a key international financial hub in London, seeks to distance itself.

Milan’s FTSE MIB tumbled 3.8 percent to 14,896.73, while the DAX in Frankfurt sank 3.4 percent to 5,785.43. The CAC 40 in Paris slumped 2.6 percent to 3,089.59, while the FTSE 100 in London retreated 1.8 percent to 5,427.86.

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