
Markets Tumble On Euro Solution Divide.
World stock markets have dropped as fears that eurozone leaders are at odds over how to tackle the debt crisis. This follows a meeting between the French President Nicolas Sarkozy, German Chancellor Angela Merkel, IMF director Christine Lagarde, European Central Bank chief Jean-Claude Trichet and other key officials.
The FTSE 100 index fell 1.4%, while Germany’s Dax dropped 1.5%. Asian markets all fell with share indexes in South Korea and Hong Kong down 2.7%