Thu, 17 Jul 2014 08:49:12 GMT
European shares drop amid Russia sanctions
Stock market in Europe declined on Thursday, while the negative news came from Russia, as the EU countries implemented further sanctions amid country's inability to de-escalate the conflict in Ukraine. Therefore, Russian ruble dropped and yield on government bonds surged considerably. At the moment, the benchmark Europe Stoxx 600 Index loses 0.6% during the trading session in London.