European stocks decline fourth consecutive day, as industrial orders in Japan fell to a ten-year minimum.

Shares of Metro AG (MEO), which is Germany's largest retailer, fell to its lowest level in three years. In Europe, the Stoxx 600 Index (SXXP) fell by 0.4%, as the yield on 10-year bond climbed above Spain 7%. Recall that the threshold is higher than 7% inspired, Greece, Ireland and Portugal to request a financial aid package. .

National indexes fell in 14 out of 18 western European markets.

FTSE 100 5,631.47 -31.16 -0.55% CAC 40 3,161.17 -7.62 -0.24% DAX 6,396.58 -13.53 -0.21%

In connection with these events shares Bankia SA (BKIA) the third largest Spanish bank fell by 1.8% to 83.4 euro cents. And shares of Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA) fell 1.7% to 4.82 euro and by 1.4% to 05.11 euros, respectively.

Today, the largest increase in shares of telecommunications companies showed: Telecom Italia SpA (TIT) grew by 3.9% to 75.35 euro cents, France Telecom SA (FTE) increased by 0.9% to 10.27 euros, Vestas (VWS) Wind Systems A / S increased by 2.4%.

JJB Sports Plc (JJB) dropped by 25% to 7.38 pence after the information that sales have fallen down more than expected.

Michael Page International Plc (MPI) fell by 3.8% to 350.9 pence, as the gross margin fell to 6.6% in the second quarter with the same period last year.

Shares of BAE Systems Plc - Britain's biggest arms company, rose 1.4% to 296.9 pence.