European shares down on S&P warning
European shares fell on Tuesday after Standard & Poor's warned it might downgrade 15 of the 17 euro zone countries, including Germany and France, if EU leaders can not come up with a solution to the region's debt crisis at Friday's summit.
Banks, a focus in the euro zone debt crisis due to their exposure to sovereign debt, were amongst the main fallers, with the STOXX Europe 600 Banks index down 1.4%. (Reuters)
