German stocks extended their losses in early afternoon trade on Monday, with the blue-chip DAX 30 falling by more than two percent, weighed down by banking stocks.
The DAX, which had already sustained its heaviest losses since 2008 on Friday in reaction to the British vote to quit the European Union, was showing a loss of 2.0 percent at 9,366.47 points at 1055 GMT.
Elsewhere in the eurozone, the French CAC-40 was also sharply lower, shedding 1.87 percent to 4,029.93 points.
GMT 07:55 2017 Thursday ,27 AprilEU-Turkey ties 'severely hit' by Ankara developments
GMT 07:50 2017 Thursday ,27 AprilFrench court refuses to extradite ex-Kosovo PM Haradinaj to Serbia
GMT 07:48 2017 Thursday ,27 AprilNintendo eyes sale of 10 mn Switch consoles in year to March
GMT 07:46 2017 Thursday ,27 AprilAirbag maker Takata shares plunge nearly 20% on bankruptcy report
GMT 04:37 2017 Thursday ,27 AprilUS, Mexico and Canada agree to 'swiftly' renegotiate NAFTA: White House
GMT 04:35 2017 Thursday ,27 AprilSamsung reports 46 percent jump in Q1 net profit
GMT 04:32 2017 Thursday ,27 AprilVenezuela to quit OAS regional bloc: government
GMT 21:10 2017 Wednesday ,26 AprilUS wants to bring N.Korea back to 'path of dialogue