Falling markets in advance of the meeting of the EU on the future of Greece

Lucas Papademos, former Prime Minister of Greece.

Stock markets fell heavily on Wednesday before the meeting of the leaders of the European Union, where cover subjects such as the future of Greece in the euro area.

Shares plunged after the news agency Dow Jones reports that the former Foreign Minister of Greece of Lucas of Papademos said: "Athens has to continue with the austerity program or face one exit in the euro area".

Italy and Spain markets dropped to 3.3% and 3.7% or fell during the London, Paris and Frankfurt more than 2%.

Euro fell for the minimal to the dollar in the last 22 months.

At the Summit of Brusealas that the new French President, François hollande, supported the approach of abstinence from Germany to resolve the crisis in the eurozone expected, will challenge.

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