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Shares drop on Europe mess

THE ongoing European debt crisis weighed on Australian stocks today, as the Reserve Bank of Australia left interest rates on hold, but reiterated its strong outlook for the resources sector.

Kristie Batten

Most European indices slumped 4-5% as fears grow over bailouts of the most troubled countries in the eurozone. IG Markets research analyst Ben Potter says it is hard to see a solution to the problems...

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