Some comments from analysts at the Financial Times Alphaville: Greece: bank analysts and eurowatchers on what to expect on MondayThe analysts make good point on Greek banks, and also on the odds of the Greeks voting for more austerity, an excerpt:”according to recent polls there may be a majority in the Greek population supporting the creditor-proposed package…
HONG KONG, June 28 (Reuters) – A group of investors agreed to buy about $500 million worth of shares in Hong Kong based investment firm Kingston Financial Group Ltd, the company said late on Sunday
LONDON, June 28 (Reuters) – Online currency trading platforms braced on Sunday for extreme market moves due to events around Greece, imposing higher margins on much trading of the euro and in some cases preventing traders taking up new speculative positions.
ATHENS, June 28 (Reuters) – Cyprus’s finance minister expressed disappointment that fellow euro zone members failed to extend a financial assistance programme to neighbouring Greece, saying it was not even on the agenda of discussions at a Eurogroup meeting on Saturday.
ATHENS/FRANKFURT, June 28 (Reuters) – Greece said it may impose capital controls and keep its banks shut on Monday after creditors refused to extend the country’s bailout and savers queued to withdraw cash, taking Athens’ standoff with the European Union and the International Monetary Fund to a dangerous new level…
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