Fears strict curbs will also mean halt to region’s fragile recovery prompts ‘avalanche’ of selling
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Stock markets around the world have lurched downwards, as mounting gloom at the prospect of winter Covid-19 lockdowns across Europe triggered an “avalanche” of selling.
With infections rising and intensive care units filling up, major economies such as Germany and France are headed towards tougher coronavirus restrictions that also likely to halt the region’s fragile economic recovery.
