European shares closed lower for the seventh time in eight sessions on Friday. Geopolitical tensions continued to rattle investors' nerves.
The pan-European FTSEurofirst 300 closed provisionally down 0.6 percent on the day and 2.0 percent on the week on Friday at 1,306.1 points.
The German Dax closed in correction territory on Friday at around 9,011.1, down more than 10 percent from a high of 10,050.98 in June. The Dax—which is dominated by companies that are dependent on Russian energy— fell through the psychologically important barrier of 9,000 points earlier in the session.
The French CAC closed down 0.1 percent on the day, near a correction point of 4138.8.
However, Italy's FTSE MIB closed provisionally higher by 0.3 percent, after a new constitutional reform package was given the green light by policymakers.