Eurozone stocks drop more than 3.0% on Ukraine fears

LONDON (AFP) – Eurozone stock markets tumbled by more than three percent on Monday, accelerating losses on mounting fears of a conflict between Russia and Ukraine.

Both Frankfurt’s benchmark DAX index and the Paris CAC 40 each shed 3.3 precent in early morning deals, while London’s FTSE 100 index was down 2.0 percent in value.