European stock markets fell more than 2 percent at midday on Friday as signs of a recession sparked risk aversion and kept European currencies under pressure, AFP writes.
European indices intensified their movement in Paris (-2.19%), Frankfurt (-2.42%), London (-2.14%) and Milan (-2.21%) around 10:58 GMT.
Sterling and the euro ended the week at levels not seen in decades against the dollar.
The dollar fell 2% to $1.1042, a level not seen since 1985, on the back of a resilient US economy and safe-haven status, and quickly neared an all-time low.
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Source: Hot News RO
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