European shares back in red as stimulus floor proves to be fleeting
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(Reuters) - European shares shed early gains on Thursday as another dramatic round of monetary stimulus by the European Central Bank failed to stymie a month-long sell-off in equities due to the coronavirus outbreak.Seeking to stem the past month's rout on markets and cap borrowing costs for Italy and other under-pressure governments, the European Central Bank will now pump more than 1 trillion euros of new funds into the financial system this year. Still, the pan-European STOXX 600 index fell..