alexis-tsipras

Greek stock market rallies as outline bailout deal reached with …

Alexis Tsipras wants the Greek parliament to reconvene to vote on the bailout deal that has been roughly agreed with creditors. Photograph: Orestis Panagiotou/EPA
Greece’s stock market rallied on news that the indebted country and its creditors have reached an outline agreement over an €86bn (£61bn) bailout.Athens’ benchmark ATG equity index closed up 2.1%, while the country’s banking index also climbed […]

Australian shares plunge as $35bn wiped off stock market over …

Market strategist says: ‘This could probably be our worst day in two or three years.’ Photograph: Paul Miller/AAP
More than $35bn was wiped off the Australian stock market in the first hour of trading on Monday as investors brace for an increasingly likely Greek exit from the euro zone.Both the S&P/ASX 200 and All Ordinaries quickly fell about 2%.“Unfortunately this could […]