European shares were ebbing further away from 14-month highs around midday on Tuesday, as doubts about the wider economy heightened valuation worries.
By 1027 GMT, the FTSEurofirst 300 had fallen 7.61 points, or 0.7 per cent, to 1
European shares hit a 14-month high on Wednesday after Germany's top court allowed the ratification of the euro zone's new bailout fund under some conditions, with analysts saying that the market had potential to move substantially highe
European shares are set to surge on Monday as a narrow election victory of Greece's pro-bailout parties over radical leftists eased concerns about the debt-laden country leaving the euro zone, with cyclical stocks like banks seen rising sharply.
European shares extended their losing streak on Thursday as worries over Spanish lender Bankia caused its shares to fall more than 20 per cent, hitting markets and adding to growing fears of contagion from Greece's economic crisis.
European shares fell on Monday as political ructions in Italy added to fears of contagion from the euro zone debt crisis, which hit cyclical stocks and banks and overshadowed a tentative deal to help push through a bailout package for Greece.
European shares extended losses on Monday, weighed by concern major economies could be heading for a return to recession, and with banks among the biggest fallers as some faced a US lawsuit over toxic mortgage debt.
At 1355 GMT, the FTSEu
European shares fell on Monday and were on track for their biggest quarterly fall in over five years, beset by persistent worries about the financial sector, while a jump in euro zone inflation helped shore up the euro.
The negative sentim