European Stocks Close Sharply Lower

European stock markets closed sharply lower on Friday, hit by fresh worries over the Eurozone debt crisis and a much weaker-than-expected U.S. jobs report.

London's FTSE 100 index of leading companies lost 2.34 percent to 5,292.03 points. In Paris, the CAC 40 shed 3.59 percent to 3,148.53 points and in Frankfurt the DAX dropped 3.36 percent to 5,538.33 points.

Other European markets were also down heavily, with Milan tumbling 3.89 percent and Madrid off 3.40 percent