European stocks drop; Turkish market slumps

Europe's main stock markets fell Monday, as Turkish shares slumped on political uncertainty in the country following elections, offsetting support for the alcoholic drinks and banking sectors. Markets were also tracking the latest developments surrounding Greece's standoff with the European Union over its bailout repayments, as well as comments out of the Group of Seven summit in Germany. Frankfurt's DAX 30 index slid 0.67 percent to stand at 11,121.78 points in afternoon deals an