(Reuters) – European shares fell on Thursday, hurt by rising bets of more aggressive rate hikes by the Federal Reserve after a sharp spike in U.S. inflation, while Italy’s main index tumbled 1% as the country’s government faces collapse. The pan-European STOXX 600 index slipped 0.3% by 0711 GMT. It had fallen 1% on Wednesday when hotter-than-expected U.S. inflation data spurred bets that the Fed could go for a more than 75-basis-point rate hike that the market had priced in for this month end. This fed into investors’ recession fears and raised pressure on the European Central Bank, as the eur…