European stocks track Wall Street sell-off over Asian debt woes . `` But it 's a moral hazard for the ECB to buy a country 's debt unless that country is addressing its long-term problems . '' Nikkei 225 index falls 2.6 % , Hang Seng plummets 4.1 percent , Portugal dropps 2.1 % . Currency strategist : This is a crisis of confidence , not of fundamentals .
European stocks track Wall Street sell-off over Asian debt woes . Nikkei 225 index falls 2.6 % , Hang Seng plummets 4.1 percent , Portugal dropps 2.1 % . Currency strategist : This is a crisis of confidence , not of fundamentals .