date:Jul 03, 2013
The pan-European FTSEurofirst 300 index was down by 0.1 percent at 1,162.43 points by 0710 GMT, while the euro zone's blue-chip Euro STOXX 50 index was flat at 2,622.97 points.
German group Fresenius slumped 9.7 percent to make it the worst performing FTSEurofirst 300 stock as its shares were hit by a move by the U.S. federal government to propose rate cuts of up to 9.4 percent in Medicare funding for dialysis centres.
Danone also fell 1.2 percent after China launched a probe into five foreign