THE INDEPENDENT: Rising fears about Spain's economy combined with worries that growth is slowing in the US to trigger a sell-off on world markets today.
Spain's borrowing costs pushed closer to unsustainable levels as markets fretted that it will fail to keep up with repayments on its debt mountain as its economy struggles.
In European markets, traders returning from Easter breaks reacted to disappointing job figures in the US which suggested the recovery in the world's biggest economy may be starting to lose momentum. » | Peter Cripps | Tuesday, April 10, 2012
THE GUARDIAN: European stock markets rocked by panic selling as debt crisis reignites: Investors demanding high premiums for holding Italian and Spanish bonds as fears of double-dip recession grow ¶ Europe's sovereign debt crisis exploded back into life on Tuesday, with markets across the continent rocked by a wave of panic selling amid renewed fears about the impact of savage austerity measures in Spain and Italy. » | Heather Stewart, Larry Elliott and Giles Tremlett in Madrid | Wednesday, April 11, 2012
