Stocks and the euro take a new leg down on chatter negotiators are losing confidence a...
Stocks and the euro take a new leg down on chatter negotiators are losing confidence a restructuring deal can be worked out for Greece's debt. As a reminder, Greece awaits an €89B bailout tranche, without which it will faces an imminent hard default. The IMF/EU has said it will not release that tranche unless a restructuring deal has been sealed. The euro hits a new multi-year low at $1.2649.
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