European stock markets retreat and DAX declined 0.48%

European stock markets fell Tuesday as concerns over the debt crisis in the euro area after the elections that took place this weekend in Greece and France, sparking fears of being abandoned plans for austerity years.

During the European morning trade, Euro Stoxx 50 fell by 0.86% and Germany's DAX index fell 30 rose 0.84%, while markets in France remained closed for a national holiday.
Investors remained jittery after the election results in Greece and France at the weekend, which raised doubts about the ability of Europe to implement austerity measures which are necessary to address the debt crisis in the region.

Failed initial attempts to form a government in Greece on Monday, raising fears that the country may not have a government in a timely manner to secure the next tranche of international aid in the next month.

Market participants awaited developments also in France, where it will be the appointment of Francois Hollande, the Socialist President in May 15. Zloland and he wants to renegotiate the debt crisis in the euro area in order to stimulate growth in the region.

Financial stocks led losses, falling shares of French banks BNP Paribas and Societe Generale rose 1.92% and 1.56% respectively, while in Germany declined all of Deutsche Bank and Commerzbank and the Bank increased by 0.19% and 1.14%.

Shares of Spanish banks, where the rising shares of Bank of BP in any Banco Standard rate of 0.61% and 0.66% respectively, after the resignation of Prime lender Spanish Pankia Rodrigo Rato said on Monday, helping to pave the way for a rescue plan involving the use of public funds to help troubled banks Spanish.

The government hopes to convince international investors that the financial stability in Spain.

At the same time, Telecom Shares of Dutch telecommunications to me that the rate of 0.30% after the company offered them Movil 8 euros to share more of its stake in the Netherlands by 28%.

In London, the FTSE 100 rose 0.24%, after data showed that house prices in the UK fell more than expected in April.

Traced the lending banks in the United Kingdom J European counterparts to decline, with Barclays shares fell by 3.14% and HSBC Holdings fell 1.23%, while shares fell Royal Bank of Scotland and Lloyds Banking by 0.25% and 0.18%.

On the upside, Tullow Oil shares rose 3.98% after announcing that -1 Ngamia
Shares tumbled by Standard & Poor's 500 rose 0.39%, and Dow Jones Industrial Average was down 0.39%, while shares of Nasdaq fell 100 rose 0.44%.

Later the same day, Germany will publish official data on industrial production, while talking due to the European Central Bank President Mario Dargi in the city of Frankfurt.