Stock markets in major European countries fell all at once on the 11th (local time) ahead of the deadline for a year-end agreement between the European Union and the UK for future relations.
On this day, the FTSE 100 index of the UK London stock market closed at 6,546.75, down 0.80% from the previous trading day’s close.
Germany’s Frankfurt stock market’s DAX index fell 1.36% to 13,114.30, while the French Paris stock’s CAC 40 index fell 0.76% to 5,507.55.
The Euro Stoxx 50 index, a pan-European index, also closed at 3,485.84, down 1.04%.
The market watched the possibility that the EU and the UK would not reach an agreement on future relations.
British Prime Minister Boris Johnson said there were no “big changes” in the EU’s proposal on fishing and fair competition regulations today, making the possibility of a “no deal” without consensus “very, very” big.
The head of the EU administration, Urzula von der Leien, also briefed the heads of the 27 member states at the EU summit held in Brussels, Belgium on the same day, saying, “The possibility of a no deal is higher than the possibility of an agreement.”
The remarks of the two came out despite the meeting on the 9th, while the two sides were unable to narrow their disagreements on the main issues of trade negotiations.
The two sides have decided on the 13th as a deadline and negotiations continue.
(yunhap news)
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