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Global stock slide as Grexit concerns cause contagion

2015-06-15 3 Dailymotion

Fresh concerns over Greece’s finances have led to a global bout of contagion on world stock markets.<br /><br /> It is the first significant slide this year after the latest failure of rescue talks between Athens and its creditors.<br /><br /> Many analysts say they are tired of playing the waiting game.<br /><br /> Robert Halver from Germany’s Baader bank said: “Either a Grexit or staying in, either way we need a decision. The uncertainty is wearing us all down. But of course we know that if the Greeks do stay in, that will only a pyrrhic victory. In the long term it will achieve nothing. Give the Greeks a chance – let them leave.”<br /><br /> In early trading, Germany’s DAX fell one percent along with the pan-European FTSEurofirst300 stock index. <br /><br /> Banks led the losses across Europe with firms in Spain, Italy and Portugal among the big losers.

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