French shares tumble across the board on Greek fears

Share prices tumbled across the board on the Paris Stock Exchange Monday as fears of a Greek debt default and withdrawal from the Euro hit markets across Europe.
The CAC 40 "Blue Chips" index declined 3.31 percent on the day to close at 4,111.36 points in moderately-heavy trading.
Traders at Boursorama Brokerage indicated that almost four billion Euros (USD 4.8 billion) changed hands Monday.
The ongoing problems in Greece, with little sign that country is emerging from debt and deficit problems, along with the low price of oil was fuelling negative sentiment on the French and other European markets, traders said.
The CAC 40 index of preferred stocks has lost 6.39 percent in the past month and the Euro also traded at a new low Monday of USD 1.20.