Renewed doubts hit euro-zone stock and debt markets
Spain's Ibex 35 among those affected by lack of investor confidence; risk premium spread widens once more
After the brief respite afforded by the agreements reached at the European Union summit at the end of last week, renewed doubts about the euro zone put renewed pressure on the Spanish stock and debt markets in conjunction with the rest of Europe.
The Spanish blue-chip Ibex 35 shed 3.11 percent to 8,381.00 points, in line with the falls in other major European indexes.
Spain's risk premium widened sharply to move back above 400 basis points before recovering some ground as the European Central Bank stepped in. The spread between the yield on the 10-year benchmark government bond and the German equivalent closed up 17 basis points at 376 basis points.