Greece

Greeks deeply divided heading into crucial vote

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ATHENS - Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency. | Video

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Any 'new drachma' would sink like a stone at first 03 Jul 2015

LONDON - If a 'No' in Sunday's referendum eventually takes Greece out of Europe's single currency, any "new drachma" or temporary payment unit could be worth as little as a fifth of the euro now in circulation.

Greek bank official dismisses 'haircut' report as 'baseless' 03 Jul 2015

ATHENS - The Financial Times reported on Friday that Greek banks were preparing contingency plans for a possible "haircut" on deposits amid fears of financial collapse, a report the country's banking association said was "completely baseless".

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Euro zone businesses shrug off Greek fears; growth reaches four-year high - PMI 03 Jul 2015

LONDON - - Euro zone business activity expanded at its fastest pace in four years last month as the European Central Bank's stimulus package more than offset fears Greece could crash out of the currency union, surveys showed. | Video

Exclusive - Europeans tried to block IMF debt report on Greece: sources 03 Jul 2015

BRUSSELS - Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday.

Row breaks out over Greek medicine supplies 03 Jul 2015

LONDON - Wholesalers trading medicines across European borders have criticised a suggestion by manufacturers that Greek exports should be restricted to prevent shortages of life-saving drugs in the country.

Ten-year gilt yields dip below two percent before Greek referendum 03 Jul 2015

LONDON - Ten-year British government bond prices <GB10YT=RR> rose to a two-week high on Friday as investors piled into safer assets before a referendum which threatens to put Greece on a collision path with its creditors.

Greek crisis hitting outlook for IPOs - Euronext Paris chief 03 Jul 2015

Aix-en-Provence, France - Greece's debt crisis risks is clouding the outlook for stock market listings after a flurry of flotations in the first half of the year, the head of Paris' stock market Anthony Attia said in an interview on Friday.

Greek crisis hitting outlook for IPOs - Euronext Paris chief 03 Jul 2015

Aix-en-Provence, France, July 3 - Greece's debt crisis risks is clouding the outlook for stock market listings after a flurry of flotations in the first half of the year, the head of Paris' stock market Anthony Attia said in an interview on Friday.

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Greek bank closures may deplete supermarket shelves 03 Jul 2015

LONDON/ATHENS - A halt to international payments from Greek bank accounts is hurting Greek businesses and their foreign partners and threatening supplies of vital goods like food and clothing into the debt-crippled country.