English Lessons

DIRECTIONS: Read the following and answer the questions?
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European shares fell on Monday on growing unease about the euro zone debt crisis following a delay in the release of aid to Greece and a possible downgrade of Italy's credit rating.he pan-European FTSEurofirst 300 [.FTEU3  1081.51    -5.22  (-0.48%)   ] index of top shares provisionally closed 0.5 percent lower at 1,081.51 points, hitting its lowest closing level in three months.

Banks were under pressure, with the STOXX Europe 600 banking index [.SX7P  183.52    -1.68  (-0.91%)   ] down 0.9 percent, as euro zone finance ministers turned up the heat on Greece, calling for it to impose tougher austerity measures before a final decision is made on a further 12 billion euros in loans.

"There seems to be a standoff between euro zone finance ministers and Greece and that is causing uncertainty about the next tranche of funds and encouraging risk aversion," said Joshua Raymond, market strategist at City Index.

Italy's banks are also heavy fallers in the sector after Moody's threatened to cut Italy's sovereign debt rating, saying structural weaknesses such as a rigid labour market pose a challenge to growth, and that higher rates may derail its economic recovery.

European shares fell on Monday on growing unease about the euro zone debt crisis following a delay in the release of aid to Greece?

A. TRUE
B. FALSE

Italy's banks are also heavy fallers in the sector after Moody's threatened to cut Italy's sovereign debt rating, saying structural weaknesses such as a rigid labour market pose a challenge to growth, and that higher rates may derail its economic recovery?

A. TRUE
B. FALSE