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European shares dipped early on Wednesday after euro zone ministers failed to agree on how to share the costs of a new bailout for Greece and with French banks placed under review for a downgrade by Moody's.
BNP Paribas (BNPP.PA), Societe Generale (SOGN.PA) and Credit Agricole (CAGR.PA) fell between 1.6 and 1.9 percent after Moody's Investors Service put them on review for a possible downgrade, citing the banks' exposure to Greece's debt crisis.
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