European stocks got hammered

European markets got slammed on Friday with most of the continent's biggest indexes losing more than 2% of their value ahead of the weekend.

The falls came against a background of weak inflation figures - consumer prices in the eurozone fell 0.2% in April - but despite a strong GDP number released on Friday. Eurozone GDP grew by 0.6% in the first quarter of 2016, better than expected, and the fastest growth in a year.

Regardless of the strong GDP figure, stocks tanked, with France's CAC down 2.94%, and the DAX in Germany off by more than 2.75%. Here's how stocks looked in the two biggest economies in the single currency on Friday:

On a stock-by-stock basis, France's biggest loser was pharma firm Sanofi, down more than 6% after US biotech firm Medivation rejected a takeover approach. In Germany, airline Lufthansa, and Deutsche Bank were down 5.5% and 4.8% respectively.

Things didn't look much better in the rest of Europe, although the FTSE 100 was a relative bright spot, losing just over 1.27%. Here's the scoreboard:

• Britain's FTSE 100 - down 1.27% to 6,242 points
• Spain's IBEX 35 - down 2.42% to 9,044 points
• Italy's FTSE MIB - down 1.9% to 18,620 points
• Netherlands' AEX - down 2.44% to 439.31 points
• Euro Stoxx 50 broad index - down 3.00% to 3,027 points

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