European shares finished lower on Wednesday as Jens Weidmann, ECB's Governing Council member pointed out stimulating the euro region's bailout funds will not end its debt woe. German DAX index dropped 1.1% to 6,998.80, FTSE 100 index fell 1% and closed at 5,808.99 while French CAC 40 index shed 1.1% to 3,430.15. Stoxx Europe 600 index also gave up 1.1% and settled at 264.10.