The very strong tensions with the risk of military confrontation in Ukraine and the fears of a 'tightening' in the policy of the US Federal Reserve are further increasing the losses on the European stock markets.
Milan, even with a calm BTP-Bund spread, is the worst stock exchange in the Old Continent and has fallen by 3%.
Paris and Frankfurt were down by 2.6%, while the general London index was down by 1.6%.