The Traderszone Network

Published in TZ Latest News 29 June, 2015 by The TZ Newswire Staff

Greece’s Looming Default Hits Stocks In Peripheral Markets Hard

Stocks in Europe dived Monday as Greece began to experience the consequences of its increasingly likely default on a $1.7 billion debt payment owed to the International Monetary Fund on Tuesday. The reaction among markets in Europe and elsewhere offered a glimpse into where investors see associated risk, and in which regions the impact of a Greek default could be most harsh.

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