Asia Stocks Slip, Euro Down As Greek Debt Talks Falter

HONG KONG (AP) — Asian stocks slipped and the euro sank Monday as Greece inched closer to a possible default after weekend talks with international creditors over freeing up the rest of its bailout funds went nowhere. Weekend negotiations on Greece's bailout terms produced no breakthroughs and Greek officials and creditors remained far apart as a deadline for a debt payment nears. Greek leaders want to get access to the final 7.2 billion euros ($8.2 billion) of the 240 billion euro bailout that's needed to repay debts and avoid a possible default that could trigger an exit from the euro; the bailout package expires at the end of the month. [...] investors are growing nervous at signs of scant progress in talks with creditors, including fellow eurozone states, the European Central Bank and the International Monetary Fund, on new economic reforms required before the money is doled out.

BING NEWS:
  • European Shares Slip but Set for Weekly Gains; Mercedes Drops
    (Reuters) - European shares slipped on Friday after a rally in the previous session spurred by U.S. Federal Reserve's outsized interest rate cut, while shares of Mercedes were set for their worst day ...
    09/19/2024 - 8:31 pm | View Link
  • ASIA STOCKS
    Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...
    04/23/2018 - 6:06 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News