Eurozone debt fears hit FTSE

The London market’s longest losing streak in nine years looked set to continue today after fresh eurozone debt fears eroded confidence.

Eurozone debt fears hit FTSE

The London market’s longest losing streak in nine years looked set to continue today after fresh eurozone debt fears eroded confidence.

The FTSE 100 Index lost earlier gains to slip 31 points to 5109, after Portugal’s credit rating was slashed to junk status and German Chancellor Angela Merkel reiterated her opposition to eurobonds.

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