European stocks were expected to fall sharply at the open on Wednesday with financial spreadbetters predicting Britain's FTSE 100 .FTSE to open down 2 percent, Germany's DAX .DAXI to fall 2.4 percent and France's CAC .FCHI to slip 2.2-2.4 percent}

European stocks were expected to fall sharply at the open on Wednesday with financial spreadbetters predicting Britain's FTSE 100 .FTSE to open down 2 percent, Germany's DAX .DAXI to fall 2.4 percent and France's CAC .FCHI to slip 2.2-2.4 percent