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Markets down on more eurozone concerns

European markets have fallen back this morning as concerns after a rise in bond yields in Italy and Spain raised fears that the eurozone debt crisis is going to worsen.

At 11.01, the FTSE 100 was down almost 1 per cent to stand at 5467.42, while the French Cac 40 and the German Dax were both down almost 2 per cent.

The falls in France and Germany come inspite of improved growth figures for the third quarter of 2011.

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