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London (AFP) - Shares in banks, airlines and property companies plunged on the London stock exchange Monday as investors singled out the three sectors as being the most vulnerable to Britain's decision to leave the EU.
The foreign ministers of Germany and France on Monday called for ambitious steps to strengthen the European Union after Britain's shock vote to leave the bloc. "We will... take further steps toward a political union in Europe, and we invite the other European states to join us in this endeavour," Frank-Walter Steinmeier and Jean-Marc Ayrault wrote in a joint position paper. The top diplomats of the two core EU founding members and biggest economies said that "Germany and France have a responsibility to strengthen solidarity and cohesion within the European Union".