Econintersect: European stocks followed the far eastern markets over the cliff Tuesday, March 15. Seven of the eleven major European markets lost between 2.3% and 3.2%. The four markets which lost less than 2% were Madrid (-0.8%), London (-1.4%), Vienna (-1.6%) and Oslo (-1.9%).The biggest losers were Frankfurt (-3.2%) and Brussels (-3.1%). Third and fourth from the bottom were Geneva (-2.8%) and Paris (-2.5%). Eurpean bourses closed before an afternoon rally in New York recovered half of major index losses to close down in the range of 1% to 1.2%.