(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * STOXX 600 logs 0.8% weekly decline * Mining, oil stocks weigh on markets * EU vaccine shipments fall short (Updates to market close) By Amal S and Sruthi Shankar Jan 15 (Reuters) - European stocks snapped four weeks of gains on Friday, as the prospect of tighter lockdowns, slow vaccine shipments to the continent and resurgent coronavirus cases in China dampened hopes of a speedy economic recovery. The pan-European STOXX 600 index.STOXX closed down 1% in its worst session since Dec. 21, with losses accelerating after Wall Street stocks tumbled following big bank earnings..N The STOXX 600 logged a 0.8% weekly decline, its first weekly decline since mid-December. Adding to worries, some EU nations are receiving fewer than expected doses of coronavirus vaccines as U.S. pharmaceutical firm PfizerPFE.N slowed shipments of the vaccine developed with German partner BioNTech22UAy.DE . BioNTech shares dropped 2.2%.urn:newsml:reuters.com:*:nL4N2JQ2Z3 German Chancellor Angela Merkel called for "very fast action" to counter the spread of coronavirus as the country saw a record number of virus-related deaths, while France said it would strengthen its border controls from Monday.urn:newsml:reuters.com:*:nL1N2JP22H urn:newsml:reuters.com:*:nL8N2JP29K The German DAX.GDAXI dropped 1.4% and France's CAC 40.FCHI fell 1.2%. UK's FTSE 100.FTSE declined 1% despite data showing that Britain's economy recorded a smaller-than-expected contraction in November.urn:newsml:reuters.com:*:nL8N2JQ14H Mining.SXPP and oil & gas.SXEP sectors slumped 3.1% and 2.6%, respectively, after Chinese authorities put more than 28 million people under new lockdowns, raising concerns about demand from the major consumer of commodities.urn:newsml:reuters.com:*:nL1N2JQ017 Hopes of a large U.S. fiscal stimulus sent the STOXX 600 to a 11-month peak earlier this week, but markets retreated after U.S. president-elect Joe Biden outlined a $1.9 trillion proposal that raised worries of a tax hike.urn:newsml:reuters.com:*:nL1N2JP30B "Market positioning had been quite aggressive, so I suppose it is a pause for breath," said Roger Jones, head of equities at London & Capital. "The rollout and the speed of vaccination is becoming increasingly important and the market is willing to look through a period of extended lockdown if it's a relatively short period." German business software group SAPSAPG.DE closed down 0.7%, reversing early gains after it released preliminary annual results that came at the high end of guidance.urn:newsml:reuters.com:*:nL1N2JP38B Siemens Energy AGENR1n.DE fell 6.3% after General Electric CoGE.N accused a subsidiary of the power distribution company of using stolen trade secrets to rig bids for lucrative contracts.urn:newsml:reuters.com:*:nL1N2JQ01P French grocer CarrefourCARR.PA fell almost 3% after the French government all but killed off a possible $20 billion takeover by Canada's Alimentation Couche-TardATDb.TO .urn:newsml:reuters.com:*:nL1N2JQ0IX (Reporting by Amal S in Bengaluru; Editing by Saumyadeb Chakrabarty and Arun Koyyur) ((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))

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