from-the-euro

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 […]

Greece crisis: US urges compromise after Greek PM attacks IMF – as …

Fears that the five-year Greek financial crisis will culminate in debt default and exit from the euro have intensified as Athens hardened its rhetoric against its creditors and insisted it would miss a payment to the International Monetary Fund unless it received debt relief.With just 48 hours to go before a meeting of eurozone finance ministers, seen as the last […]