Germany's DAX 30 index initially closed down 1.26% to 25927.87 points. The French stock index initially closed down 0.57%, the Italian stock index fell 1.40%, the banking index fell 1.24%, and the UK stock index initially closed down 0.48%.

Germany's DAX 30 index initially closed down 1.26% to 25927.87 points. The French stock index initially closed down 0.57%, the Italian stock index fell 1.40%, the banking index fell 1.24%, and the UK stock index initially closed down 0.48%.