European markets fell Friday as investor confidence was weighed down by renewed concerns about the euro zone's debt crisis following Spain's delay with officially asking for a bailout.

The French CAC 40 index was down 0.53 percent or 18.03 points to 3395.69. Shares of Cap Gemini SA fell 2.47 percent and shares of Safran SA dropped 1.48 percent.

London’s FTSE 100 index fell 0.24 percent or 13.76 points to 5815.99. Shares of Antofagasta PLC dropped 2.13 percent and shares of GKN PLC were down 0.92 percent.

The German DAX 30 index dropped 0.29 percent or 21.20 points to 7260.50. Shares of Lanxess AG fell 1.89 percent and shares of SAP AG declined 0.94 percent.

Spain's IBEX 35 was down 0.13 percent or 10.30 points to 7724.40. Shares of Indra Sistemas SA fell 0.78 percent and shares of Bankia SA declined 1.08 percent.

Investors are expected to focus on industrial production in the euro zone to be reported Friday by Eurostat. Industrial production, which measures the change in the total inflation-adjusted value of output produced by manufacturers, mines and utilities, is expected to decline 0.4 percent in August, down from the 0.6 percent increase seen in July.

Meanwhile, Spain continues to delay applying for a bailout, hence triggering the ECB’s new bond buying plan. “The pressure on Spain to enter a programme has been eased by the drop in government bond yields seen in the last couple of months, which has allowed the Government to continue to finance its borrowing in the markets,” Jonathan Loynes, an economist at Capital Economics, said in a note.

However, investors sense that the delay has not helped facilitate any improvement in Spain’s economic and fiscal outlook. Market players feel that Spain’s procrastination will end soon, with activity indicators continuing to weaken and pointing to an increasingly deep recession.