Greece jitters remain amid impasse

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Published: Tuesday 16th June 2015 by The News Editor

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Worries over Greece have affected stock markets across Europe once more following reports that the country’s finance minister is not planning to present new bailout proposals to eurozone counterparts later this week.

In early trading on Tuesday, all major stock indexes in Europe were lower with Germany’s DAX a big faller, down 1%. The main index in Athens fell 0.3%.

The falls come after Germany’s Bild daily quoted Greek finance minister Yanis Varoufakis as saying he was not planning to present anything new at Thursday’s meeting of the eurozone’s 19 finance ministers – billed as potentially decisive in the stand-off over Greece’s stalled bailout.

Without the release of the remaining money left in Greece’s bailout fund, the country faces the prospect of a debt default on June 30.

Published: Tuesday 16th June 2015 by The News Editor

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